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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 Dec 31, 2016 5:58am
180 Views
Post# 25656424

End of Month [and Year] - December 2016

End of Month [and Year] - December 2016End of the Month (EOM) report for December and the Year 2016.
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AXY.TO closed on 12/30/2016 at $5.21
AXY.TO closed on 11/30/2016 at $4.94
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This is a 5.4%, a $O.27, gain in December.
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S&P 500 Index, at 2,238.8, gained 1.8% in December. [4.7% above its MA(200) @ 2136.3]
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Two Hundred Day Moving Average [MA(200)] stuff.
AXY's  MA(200) ended December at $5.40
AXY is now 3.5% below its MA(200).
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News Releases on the AXY Website in December
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Dec 22, 2016    
Alterra Power Announces Amendment of Power Purchase Agreement for Michigan Solar Project
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Dec 15, 2016    
Alterra Power Issues Inaugural Dividend
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Dec 07, 2016    
Alterra Power and Axium Infrastructure Extend Service Contract at Dokie
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Dec 01, 2016    
Alterra Power Announces Favorable Arbitration Results for Icelandic Subsidiary
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*************************************************************
End of the Year Report for 2016

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AXY.TO closed on 12/30/2016 at C$5.21
AXT.TO closed on 12/31/2015 at C$4.60 [$O.46 X 10]
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  This is a 13.2%, a $O.61, gain for the year.
[ This becomes a 13.3% gain with the $O.O125 dividend included. ]
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The S&P 500 Index [SPX] for year of 2016
On December 31, 2016, the SPX closed at 2,238.8
On December 31, 2015, the SPX closed at 2,043.9
This is a 9.5% gain for the year of 2016.
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RJ
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