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Today's Research Reports on Corridor Resources, Kelt Exploration, Jericho Oil and eCobalt Solutions

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MER Initiates Coverage on:

Corridor Resources Inc.
https://marketedgereport.com/report/CDH.TO/

Kelt Exploration Ltd.
https://marketedgereport.com/report/KEL.TO/

Jericho Oil Corporation
https://marketedgereport.com/report/JCO.V/

eCobalt Solutions Inc.
https://marketedgereport.com/report/ECS.TO/

Corridor Resources’ stock moved 1.54% lower Monday, to close the day at $0.64. The stock recorded a trading volume of 43,400 shares, which was above its three months average volume of 35,924 shares. In the last year, Corridor Resources' shares have traded in a range of 0.58 - 1.25. The share price has gained 10.34% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $0.66 is lower than its 200-day moving average of $0.69. Shares of the company are trading at a Price to Earnings ratio of 4.41. Shares of Corridor Resources have gained approximately 4.92 percent year-to-date.

Access MER's Corridor Resources Inc. Research Report at:
https://marketedgereport.com/report/CDH.TO/

On Monday, shares of Kelt Exploration recorded a trading volume of 739,524 shares, which was below the three months average volume of 799,611 shares. The stock ended the day 5.22% lower at $5.99. The share price has fallen 40.16% from its 52 week high with a 52 week trading range of 5.91 - 10.01. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $7.60 is lower than its 200-day moving average of $8.44. Shares of Kelt Exploration have fallen approximately 16.69 percent year-to-date.

Access MER's Kelt Exploration Ltd. Research Report at:
https://marketedgereport.com/report/KEL.TO/

Jericho Oil’s stock had no change Monday, to close the day at $0.52. The stock recorded a trading volume of 11,500 shares, which was below its three months average volume of 31,209 shares. In the last year, Jericho Oil's shares have traded in a range of 0.49 - 1.38. The share price has gained 6.12% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $0.55 is lower than its 200-day moving average of $0.71. Shares of Jericho Oil have fallen approximately 36.59 percent year-to-date.

Access MER's Jericho Oil Corporation Research Report at:
https://marketedgereport.com/report/JCO.V/

On Monday, shares of eCobalt Solutions recorded a trading volume of 193,335 shares, which was below the three months average volume of 318,425 shares. The stock ended the day 3.28% higher at $0.63. The share price has fallen 70% from its 52 week high with a 52 week trading range of 0.54 - 2.10. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $0.76 is lower than its 200-day moving average of $1.01. Shares of eCobalt Solutions have fallen approximately 67.69 percent year-to-date.

Access MER's eCobalt Solutions Inc. Research Report at:
https://marketedgereport.com/report/ECS.TO/

Our Actionable Research on Corridor Resources Inc. (TSX : CDH.TO ), Kelt Exploration Ltd. (TSX : KEL.TO ), Jericho Oil Corporation (TSXV : JCO.V ) and eCobalt Solutions Inc. (TSX : ECS.TO ) can be downloaded free of charge at MarketEdge Report.

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Disclaimer: This article is written by an independent contributor of MarketEdgeReport.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. MarketEdgeReport.com is neither a registered broker dealer nor a registered investment advisor. For more information please read our full disclaimer at www.marketedgereport.com/disclaimer.

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SOURCE: MarketEdge Report