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    Top 5 High-volume Traders on the TSX Venture

    Investing News Network
    May. 27, 2013 05:00AM PST

    Here’s a list of some of the top high-volume trading stocks on the TSX Venture Exchange for the week ended May 24.

    Here are some of the top high-volume trading stocks on the TSX Venture Exchange for the week ended May 24.

    Macro Enterprises (TSXV:MCR)

    Macro Enterprises, an oil and gas company located in Fort St. John, British Columbia, saw 62,475 net buys last week, trading at $3.17, a drop of $0.04, or 1.246 percent. This week, Macro announced its 2013 first-quarter financial results. The company saw net earnings of $9.7 million for the quarter compared to $5.2 million in first quarter of 2012. The increased revenue for the first quarter — up to more than $60 million from $41.8 million in the first quarter of 2012 — is due to revenues from new business that was acquired in November 2012.

    Colorado Resources (TSXV:CXO)

    Colorado Resources saw 19,104 net buys at $1.46, an increase of $0.01, or 0.69 percent. The company is currently acquiring and advancing mineral properties in British Columbia and the Yukon, as well as looking at properties in the Southwestern United States and Latin America. The company’s current focus is a property in Northern British Columbia, known as the Eldorado Property. Eldorado is located adjacent to the Red Chris mine development, and Colorado Resources owns a 75-percent stake in the copper–gold property. The company owns 100 percent of the Heart Peaks property, northwest of Eldorado, a gold-silver mine with potential for bulk tonnage gold mineralization.

    Cayden Resources (TSXV:CYD)

    Vancouver-based Cayden Resources saw 397,421 net buys trading at $1, up $0.09, or 9.89 percent. The company has several gold mining projects in Mexico, with the two main properties located in the cities of Guerrero and Jalisco. The Guerrero location, known as the Morelos Sur property, is the company’s primary project, though both projects are currently undergoing extensive exploration and drilling programs. Earlier this month, the company announced that it had received initial gold values from a trenching program at the El Barqueño property, located in Jalisco State, Mexico, reporting more than 298 feet of 2.9 g/t gold, 131 feet of 1.8 g/t gold, 10 feet of 7.9 g/t gold and 33 feet of 2.1 g/t.

    Gold Standard Ventures (TSXV:GSV)

    Gold Standard saw 73,900 net buys last week, trading at $0.76, a $0.05, or 7.042 percent, increase. Gold Standard Ventures is a gold exploration company in Nevada. This week, the company announced the results from eight core holes drilled into the North Bullion Fault Zone on its 100-percent controlled Railroad project on the Carlin Trend in Nevada. The company believes that the gold deposit that it uncovered there may represent a major discovery and is working on demonstrating its size and continuity over the coming months.

    Maudore Minerals (TSXV:MAO)

    This junior gold company saw 30,500 net buys last week, trading at $0.70, a drop of $0.01, or 1.43 percent. Maudore is based out of Quebec and five of its 23 projects are in the advanced stages of exploration. This week, the company canceled the second tranche of its brokered private placements of units due to current market conditions. The company will also see a new incoming CEO, Greg Struble, in early June.

    gold companytsxv:cxotsxv:cydfinancial resultsgold exploration companycarlin trendmining projectsgas company
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