Wednesday, November 30, 2011

Tuesday's TSX Trading Leaders: (TSX:BBD.B), (TSX:ML), (TSX:CM), (TSX:FBK)

November 30, 2011 - Investorideas.com, a leader in sector research for independent investors issues a trading alert for TSX trading leaders for November 29, 2011. The Standard & Poor's/TSX Composite Index gained for the second consecutive day and added 92.29 (0.79%) to close the day at 11,732.50.
Bombardier, Inc. (TSX:BBD.B) was the top traded stock on the TSX, ending lower by 0.12 (-3.15%) to close at C$3.69 with more than 7.81 million shares exchanged hands, compared to its average volume of 7.75 million shares following The bankruptcy protection filing by American Airlines' parent company Tuesday. However, analysts believe that this won't affect Bombardier Inc.
Cline Mining Corp. (TSX: CMK) fell 0.12 (-7.19%) to end at C$1.55 on over 5.73 million shares, compared to its 30-day average volume of 3.23 million shares, extending its weekly loss of over 13%. The stock has a 52-week range of $0.99-$5.04.
Mercator Minerals, Ltd. (TSX:ML) surged 0.15 (9.80%) to finish at C$1.68 on over 4 million shares, compared to its average volume of 2.49 million as prices of crude oil jumped over 2%. Mercator Minerals Ltd. is a natural resource company engaged in the mining, development and exploration of its mineral properties in Arizona, in the United States of America and Mexico.
Fibrek Inc. (TSX:FBK) shares soared 0.230 (31.94%) to close the day at C$0.950 on over 5 million shares after the micro cap miner reported additional gold and silver intercepts on its 100% owned Burns Block property in the Rainy River District of northwestern Ontario, which included 30 metres grading 12.98 grams per tonne (g/t) gold.
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