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Alterra Power MGMXD

Alterra Power Corp is a renewable energy company. It is primarily focused on development, construction, and operation of renewable power projects. The company's business has four major segments - Construction and Development, Geothermal, Hydro, Wind, and Solar.


OTCPK:MGMXD - Post by User

Post by R_J_on Mar 31, 2016 11:54pm
149 Views
Post# 24718394

End of Month - March 2016

End of Month - March 2016End of the Month (EOM) report for March 2016.
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AXY closed on 03/31/2016 at $O.440
AXY closed on 02/29/2016 at $O.450
AXY closed on 01/29/2016 at $O.455
AXY closed on 12/31/2015 at $O.460
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This a 2.2%, 1-cent, loss in March.
This a 4.3%, 2-cent, loss for the 1st Qtr of 2016.
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S&P 500 Index, at 2059.7, gained 6.5% in March. [2.1% above its MA(200) @ 2016.1]
[On December 31, 2015, the SPX closed at 2,043.9.This is a 0.7% gain for the first Qtr of 2016.]
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Two Hundred Day Moving Average [MA(200)] stuff.
AXY's  MA(200) ended March at $O.448
AXY is now 1.7% below its MA(200).
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News Release on the AXY Website in March
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Mar 15, 2016    
Alterra Power Announces Results for the Year Ended December 31, 2015
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Milestone Achieved
Shannon – 204 MW wind project located in Clay County Texas - Operational on Dec 15.
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Next Milestone
Jimmie Creek – 62 MW hydroelectric project in British Columbia - Operational before Oct 2016.
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RJ
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