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Stock Weekly: Typhoon Exploration (TYP:6.0c) jumps 9.1% on thin volume

Mar 12, 2021 - News Bites Canadian Markets
Board and Executive Moves-Mergers and Acquisitions

CANADIAN WEEKLY STOCK REPORT

Typhoon Exploration Inc. (TSXV:TYP), Canada's 706th largest Metals & mining company by market cap, has climbed 0.50c (or 9.1%) in the past week to close at 6.0c. Compared with the S&P/TSX 60 Index which rose 25.0 points (or 2.3%) in the week, this represented a relative price increase of 6.8%.

In the past week the market cap has risen by CAD315,450 ($251,257) to CAD3.8 million.

The volume was 0.7 times average trading per week of 333,685 shares.

Friday's price upTyphoon Exploration closes at 4.2% above VWAPTyphoon Exploration Inc. jumped 0.50c (9.1%) from Thursday's close of 6.0c. Compared with the S&P/TSX 60 Index which rose 0.3 points (0.02%) in the day, the relative price increase was 9.1%. Today the stock traded at its ten-day high of 6.0c. The price is at a premium of 4.2% to the 1-month Volume Weighted Average Price (VWAP) of 5.76c. There were 87,000 shares worth CAD5,220 ($4,158) traded today. Friday's price rise was propped up by firm volume of 1.3 times the average daily volume of 66,737 shares.TYP Stock Dashboard [traded in Canadian Dollar...