Norvista Capital Corp (TSXV: NVV), engaged in the business of merchant banking with investments into a limited number of resource companies or projects and also providing certain mergers and acquisition and other advisory services in the resources sector, recorded over 18.0% gain during each of the past two consecutive trading sessions with significant number of shares exchanging hands. During the last trading session, NVV climbed 30.8% and closed at C$0.17, while recording significant trading volumes of 160,000 shares. NVV breached its key technical resistance level of 30-Day DMA at C$0.15. During the past 5-trading sessions, NVV gained 41.7% with daily average trading volumes of 54,174 shares, while the stock accumulated 17.2% gain during the past one month with daily average trading volumes of 97,083 shares.
Company Description:
Norvista Capital Corp (TSXV: NVV) is a resource based merchant bank focused on investing its capital in exploration properties and small-scale production projects in both the base metal and precious metal sectors of the junior resource market.
1-Year Stock Chart:
Source: Bloomberg
