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Bullboard - Stock Discussion Forum FOCUS VENTURES LTD. V.FCV

"Focus Ventures Ltd is a Canadian-listed exploration company. It is engaged in the acquisition and exploration of mineral properties located primarily in Peru. The company focuses on developing the Bayovar12 sedimentary phosphate project in northern Peru. Focus Ventures operates through two geographic segments namely Canada and Peru."

TSXV:FCV - Post Discussion

FOCUS VENTURES LTD. > End of Month - March 2016
View:
Post by R_J_ on Apr 01, 2016 3:07am

End of Month - March 2016

End of the Month (EOM) report for March 2016.
-
FCV.V closed on 03/31/2016 at $O.060
FCV.V closed on 02/29/2016 at $O.070
FCV.V closed on 01/29/2016 at $O.055
FCV.V closed on 12/31/2015 at $O.115
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This was a 1.0-cent, or a 14.2%, loss for March.
This was a 5.5-cent, or a 47.8%, loss for the first quarter of 2016.
-
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.]
-
Two Hundred Day Moving Average [MA(200)] stuff.
FCV.V’s  MA(200) ended March at $O.135
FCV.V is 53.6% below its MA(200).
[ Looks like a bargain to me. ]
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News Release in March.
-
March 22, 2016
Focus Provides Update on Bayovar12 Phosphate Project, Peru and Announces Proposed Private Placement
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RJ
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