The Conversation (0)
Here are some of the top high-volume trading stocks on the TSX Venture Exchange for the week ended June 7.
Here are some of the top high-volume trading stocks on the TSX Venture Exchange (TSXV) for the week ended June 7.
Lion One Metals (TSXV:LIO)
This Canadian exploration and development company saw 500 net buys last week, trading at $0.59, a $0.02, or 3.279-percent, drop. The company is currently focused on the acquisition, exploration and development of mineral resource properties in Fiji with the aim of becoming a low-cost gold producer. In mid-May, Lion One announced positive results for its diamond-drilling program at the Tuvatu gold project, located on the margins of the Navilawa Caldera in Fiji. The project currently contains an indicated mineral resource of 172,000 ounces of gold and an inferred resources of 480,000 ounces of gold.
Kennady Diamonds (TSXV:KDI)
This Toronto-based diamond exploration company saw 3,000 net buys last week, trading at $1.74, a $0.01, or 0.578-percent, increase. The company controls 13 claims adjacent to the De Beers/Mountain Province Diamonds (NYSEMKT:MDM) joint venture property in Canada’s Northwest Territories. At the end of May, Kennady Diamonds announced the completion of its 16,000-foot Kennady North 2013 winter drill program, intersecting kimberlite of up to 328 feet in 24 out of 26 infill drill holes.
Atacama Pacific Gold (TSXV:ATM)
This junior mining company averages 105,941 net buys per week, last week trading at $1.85. Atacama is engaged in the acquisition, exploration and development of precious metals properties in Chile. The Cerro Maricunga oxide gold project is at the center of the company’s plan to become a gold producer. Atacama also owns four additional properties in the area as well as a sixth in another region of Chile.
Stream Oil and Gas (TSXV:SKO)
This oil and gas production, development and exploration company saw 50,850 net buys last week, trading at $0.74, a $0.04, or 5.714-percent, increase. The Calgary-based company produced $8.2 million in revenue in the first quarter of this year, a 71-percent increase from the $4.8 million the company earned in the first quarter of 2012. Its net operating income increased from $3.4 million in 2012 to $5 million this year, with an average net crude price of $68.26 per barrel. That represents a 5-percent increase over the $65.03 per barrel it saw in the same period of 2012. Surface facilities rehabilitation is ongoing at the Cakran-Mollaj and Gorisht-Kocul fields, with commissioning activities expected throughout the second quarter of 2013.
Aurcana (TSXV:AUN)
This Canada-based acquisition, exploration and development company saw 134,744 net buys last week, trading at $2.77, a $0.08, or 2.81-percent, decline. The company focuses on silver, copper and zinc–lead mines in Mexico and the United States, operating and owning a 92-percent indirect interest in the La Negra mine, located in Queretaro, Mexico. The company also owns the Shafter silver mine, located in Texas.