MCAN Mortgage (OTCMKTS:MAMTF) Stock Price Up 1.7% – Here’s What Happened

MCAN Mortgage Co. (OTCMKTS:MAMTFGet Free Report) was up 1.7% during trading on Tuesday . The company traded as high as C$16.58 and last traded at C$16.58. Approximately 1,000 shares traded hands during mid-day trading, an increase of 700% from the average daily volume of 125 shares. The stock had previously closed at C$16.30.

MCAN Mortgage Stock Up 1.7%

The stock has a 50 day moving average of C$15.90 and a 200 day moving average of C$15.52.

About MCAN Mortgage

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MCAN Mortgage Corp., trading under the symbol MAMTF on the OTC Markets, is a Toronto-based specialty mortgage lender and a wholly-owned subsidiary of MCAN Financial Group Inc The company focuses on non-prime and self-employed borrowers, providing tailored residential and commercial mortgage solutions across Canada. Headquartered in Ontario, MCAN Mortgage leverages its in-house underwriting expertise and risk management framework to serve a niche market underserved by traditional chartered banks.

The company’s product suite includes purchase and refinance mortgages, equity take-out loans, credit-impaired financing, and term and bridge loans for both single-family residential properties and multi-unit residential or commercial real estate.

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