CANADIAN BANC CORP (BK.CA) Stock Price, Forecast & Analysis

Can you describe the business of CANADIAN BANC CORP?

Canadian Banc Corp is a CA-based company operating in industry. The company is headquartered in Toronto, Ontario. The company went IPO on 2005-07-15. Canadian Banc Corp. is a Canada-based mutual fund. The Company’s investment objectives are to provide holders of preferred shares with cumulative preferential floating rate monthly cash dividends at a rate per annum equal to the Prime Rate plus 1.5%, with a minimum annual rate of 5.0% and a maximum annual rate of 8.0%; to provide holders of Class A Shares with regular monthly cash distributions; and to return the original issue price of $10.00 and $15.00 to holders of preferred shares and Class A Share. The company may also invest up to 20% of the net asset value in equity securities of Canadian or foreign financial service corporations other than portfolio companies. The firm invests in a portfolio of six publicly traded Canadian banks, namely Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada, Bank of Nova Scotia and Toronto-Dominion Bank. Quadravest Capital Management Inc. is the investment manager of the Company.

Can you provide the latest stock price for CANADIAN BANC CORP?

The current stock price of BK.CA is 13.96 CAD. The price decreased by -0.36% in the last trading session.

What is the ChartMill rating of CANADIAN BANC CORP stock?

BK.CA has a ChartMill Technical rating of 9 out of 10.You can find more details on the Technical Analysis and Fundamental Analysis tabs.