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Canadian Financials Stocks under Review, Sprott, Tricon Capital Group, Noranda Income Fund, and Canoe EIT Income Fund

Wednesday, 22 November 2017 08:00 AM

Pro-Trader Daily

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LONDON, UK / ACCESSWIRE / November 22, 2017 / Pro-Trader Daily has lined up these stocks for our daily research reports coverage. Before the markets open, Pro-TD makes a brief technical snapshot of select stocks with the Asset Management industry and that trades on the Toronto Exchanges. This Morning, our team has regrouped these stocks for study: Sprott, Tricon Capital Group, Noranda Income Fund, and Canoe EIT Income Fund. Register for these free reports at:

http://protraderdaily.com/register/

On Tuesday, November 21, 2017, at the end of trading session, the Toronto Exchange Composite index ended the day at 16,076.65, 0.45% higher, with a total volume of 285,457,475 shares.

Additionally, the Financials index was slightly up by 0.06%, ending the session at 308.07.

Pro-Trader Daily's complimentary research reports on the following stocks are now available: Sprott Inc. (TSX: SII), Tricon Capital Group Inc. (TSX: TCN), Noranda Income Fund (TSX: NIF-UN), and Canoe EIT Income Fund (TSX: EIT-UN). Sign up now for your free membership and research reports at:

http://protraderdaily.com/register/

Sprott Inc.

Toronto, Canada-based Sprott Inc.'s stock edged 0.44% lower, to finish Tuesday's session at $2.24 with a total volume of 76,000 shares traded. Over the last one month and the previous three months, Sprott's shares have advanced 5.66% and 2.75%, respectively. The Company's shares are trading above its 50-day and 200-day moving averages. Sprott's 200-day moving average of $2.23 is above its 50-day moving average of $2.17. Shares of the Company, which through its subsidiaries, the firm provides asset management, portfolio management, wealth management, fund management, and administrative and consulting services to its clients, are trading at a PE ratio of 29.47. See our research report on SII.TO at:

http://protraderdaily.com/optin/?symbol=SII

Tricon Capital Group Inc.

On Tuesday, shares in Toronto, Canada-based Tricon Capital Group Inc. recorded a trading volume of 149,340 shares. The stock ended the day 0.44% lower at $11.19. Tricon Capital's stock has advanced 6.47% in the last one month and 3.42% in the previous three months. Furthermore, the stock has gained 20.84% in the past one year. The Company's shares are trading above its 50-day and 200-day moving averages. The stock's 200-day moving average of $10.93 is above its 50-day moving average of $10.78. Shares of Tricon Capital, which focuses on the residential real estate industry in North America, are trading at a PE ratio of 84.14. The complementary research report on TCN.TO at:

http://protraderdaily.com/optin/?symbol=TCN

Noranda Income Fund

On Tuesday, shares in Toronto, Canada headquartered Noranda Income Fund ended the session 0.73% higher at $1.38 with a total volume of 41,890 shares traded. Shares of the Company, which operates as an income trust, are trading below its 50-day and 200-day moving averages. Furthermore, the stock's 50-day moving average of $1.53 is greater than its 200-day moving average of $1.42. Register for free and access the latest research report on NIF-UN.TO at:

http://protraderdaily.com/optin/?symbol=NIF.UN

Canoe EIT Income Fund

Canoe EIT Income Fund's stock closed the day 0.26% higher at $11.75. The stock recorded a trading volume of 96,243 shares. Canoe EIT Income Fund's shares have advanced 0.43% in the last one month, 3.98% in the past three months, and 2.00% in the previous one year. The Company's shares are trading above their 200-day moving average. Moreover, the stock's 50-day moving average of $11.76 is greater than its 200-day moving average of $11.71. Shares of the Company, which objective of the Fund is to maximize monthly distributions relative to risk and maximize net asset value while maintaining and expanding a diversified portfolio, are trading at a PE ratio of 5.64. Get free access to your research report on EIT-UN.TO at:

http://protraderdaily.com/optin/?symbol=EIT.UN

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SOURCE: Pro-Trader Daily

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