November 25, 2011 - Investorideas.com, a leader in sector research for independent investors issues a trading alert for TSX trading leaders for November 24, 2011. The Standard & Poor's/TSX Composite Index ended lower by 86.39 (-0.75%) to close the day at 11,485.32.
Aberdeen International Inc. (TSX: AAB) was the most active stock on the TSX and ended higher by 0.020 (3.23%) to close at C$0.64, rebounding from its recent lows. Recently, the company announced that the value of its investment portfolio as at October 31, 2011, the end of its 2012 third fiscal quarter, was approximately $100.1 million including a cash balance of $7.4 million.
Alter Nrg Corp. (TSX: NRG) soared 0.180 (24.00%) to end at C$0.93 on over 1.29 million shares, compared to its 30-day average volume of 60K shares. Alter Nrg Corp. announced that it has received notification of a proposed agreement (the agreement) to be finalized by the middle of December for Alter to be the selected provider for the engineering, fabrication and construction of a plasma gasifier for installation at the proposed Tees Valley Renewable Energy Facility in Northeast England.
Mirabela Nickel Limited (TSX:MNB) added 0.04 (2.65%) to finish at C$1.55 on over 1.27 million shares, compared to its average volume of 623K shares after the company announced Record sales of nickel in concentrate for the quarter of 4,228 tonnes. A 15% decrease in unit cash costs for the quarter to US$6.71/lb (Q2 2011: US$7.85/lb) and expected to continue to decrease further during the fourth quarter.
Centamin Egypt Limited (TSX: CEE) shares fell 0.05 (-3.55%) to close the day at C$.36 on over 1.12 million shares. Centamin Egypt Limited (Centamin) is a mineral exploration development and mining company. Centamin is engaged in the exploration for precious and base metals, production of gold and ongoing development at the Sukari project.
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BC Residents and Investor Disclaimer : Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.