MCAN Mortgage Co. (OTCMKTS:MAMTF – Get Free Report)’s share price traded down 1.2% during mid-day trading on Friday . The company traded as low as C$18.28 and last traded at C$18.28. 9,775 shares changed hands during trading, an increase of 641% from the average session volume of 1,319 shares. The stock had previously closed at C$18.51.
MCAN Mortgage Price Performance
The stock’s 50-day moving average price is C$17.95 and its 200 day moving average price is C$17.19.
About MCAN Mortgage
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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