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MCAN Mortgage Corp T.MKP

Alternate Symbol(s):  MAMTF

Consumer Cyclical Advertising Agencies
MCAN Mortgage Corporation is a Canada-based loan company and mortgage investment corporation. Its objective is to generate a reliable stream of income by investing in a diversified portfolio of Canadian mortgages, including residential mortgages, residential construction, non-residential construction and commercial loans, as well as other types of securities, loans, and real estate investments. Its lines of business include three divisions: MCAN Home, MCAN Capital and MCAN Wealth. MCAN Home is its residential mortgage lender that partners with accredited mortgage professionals to offer both insured and uninsured mortgage solutions across Canada. MCAN Capital focuses on financing and investment opportunities in the construction and commercial loan markets, real estate investment trusts (REITs), and private investment funds focused on lending to and developing Canadian communities. MCAN Wealth offers investors Canada Deposit Insurance Corporation (CDIC) insured investment solutions.


TSX:MKP - Post by User

MCAN Mortgage Corp
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Comment by Strohs16on May 03, 2017 10:59pm
268 Views
Post# 26201241

RE:RE:New Highs?

RE:RE:New Highs?I've owned this stock for at least a decade.

Can't really remember the volatility and volume like we have seen the past week.

Little while ago it hits a 52W high, and now it hits almost a new 52W low.

Weird.

Earnings next week.  Probably solid.  Very little uncollectible mortgages historically.

IMHO I think this is fallout from the HCG noise in the market right now.


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