MCAN Mortgage Co. (OTCMKTS:MAMTF – Get Free Report)’s share price rose 2.1% on Thursday . The stock traded as high as C$18.05 and last traded at C$18.05. Approximately 100 shares were traded during mid-day trading, a decline of 90% from the average daily volume of 957 shares. The stock had previously closed at C$17.68.
MCAN Mortgage Price Performance
The firm’s fifty day moving average price is C$17.34 and its two-hundred day moving average price is C$16.69.
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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