TSX Top Traders: (CMK), (K), (BAJ), (RIM)
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New York, New York - January 25, 2013 (www.investorideas.com newswire) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector research for independent investors reports on the top traders on the TSX for January 25th, 2013.
Cline Mining Corp., (TSX:CMK) trading at $0.185 rose by $0.025 or 15.62% on a volume of 9,070,518 shares.
Kinross Gold Corp., (TSX:K) trading at $8.610 dropped by $-0.390 or -4.33% on a volume of 5,593,470 shares.
Baja Mining Corp., (TSX:BAJ) trading at $0.110 moved up $0.015 or 15.79% on a volume of 4,940,263 shares.
Research In Motion Limited (TSX:RIM) trading at $18.150 gained $0.350 or 1.97% on a volume of 4,825,502 shares.
RIM rose to its highest in more than a year in Toronto trading yesterday after Beijing-based Lenovo said it was considering a bid among other options for expanding its mobile-devices business. RIM has said it is assessing strategic options after losing market share to Apple Inc. and Samsung Electronics.
Canada is closely examining the proposal for a tie-up between Lenovo Group Ltd. and Research in Motion Ltd., as in the past Canada has blocked foreign takeovers of local companies because of security issues.
Lenovo, which bought International Business Machines Corp.'s PC unit in 2005, is considering acquisitions as competition from tablets hampers profit growth. The computer maker has also introduced new products including smartphones.
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