|
Investor Ideas Snapshot for TSX Top Traders: (KEL), (BTO), (BAA), (NVA)
Category: Investment
Ideas get bigger when you share them...
Visit: Banro Corporation
New York, New York - March 7, 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 March 7th, 2013.
Kelt Exploration Ltd., (TSX:KEL) trading at $5.620 gained $0.090 or 1.63% on a high volume of 4,243,629 shares, making it today's top trader on the TSX.
B2Gold Corp., (TSX:BTO) trading at $2.940 moved up $0.040 or 1.38% on a volume of 4,208,331 shares.
Banro Corporation (TSX:BAA) trading at $2.020 dropped $-0.250 or -11.01% on a volume of 3,074,041 shares.
Banro Corp., a Canadian gold miner active in the Democratic Republic of Congo, fell the most in three months after Chief Executive Officer Simon Village stepped down.
Banro dropped 9.7 percent to C$2.05; the shares earlier went down 11 percent, the most intraday since Nov. 20.
John Clarke, a Banro director since 2004, will take over as interim CEO while the company didn't give a reason for Village's departure.
Nuvista Energy Ltd., (TSX:NVA) trading at $5.570 rose $0.100 or 1.83% on a volume of 2,780,791 shares.
NuVista Energy Ltd. was pleased yesterday to announce results for the three and twelve months ended December 31, 2012 and provide an update on its future business plans. 2012 was a pivotal and successful year for NuVista as the business model was transformed in this challenging natural gas price environment. In the year end 2011 press release the company indicated that they would be carefully evaluating the business to preserve value and ensure a sustainable model without jeopardizing our financial flexibility. Nuvista has reduced long-term debt, net of working capital, from $307 million at December 31, 2011 to $30 million at December 31, 2012, enabling the company to adequately capitalize this world class play.
NuVista now has the improved asset quality and financial flexibility to provide the foundation for a growth focused business model and the creation of long-term shareholder value.
About TSX
http://www.tmx.com/
About InvestorIdeas.com:
InvestorIdeas.com is a leader in investor stock research by sector, featuring stock news, commentary and trading alerts in leading sectors including biotech, tech, mining, energy, water, renewable energy, beverage stocks and more .
Follow Investorideas.com on Twitter http://twitter.com/#!/Investorideas
Follow Investorideas.com on Facebook http://www.facebook.com/Investorideas
Follow Investorideas.com News on Linkedin.com/today at http://www.linkedin.com/today/investorideas.com
Sign up for the free investor news and stock alerts at Investorideas.com
http://www.investorideas.com/Resources/Newsletter.asp
Become an Investorideas.com Member and access our 14 online stock directories 24/7 - water, renewable energy, mining stocks and more…
http://www.investorideas.com/membership/
Disclaimer/ Disclosure : The Investorideas.com is a third party publisher of news and research Our sites do not make recommendations, but offer information portals to research news, articles, stock lists and recent research. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. This site is currently compensated by featured companies, news submissions and online advertising.
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
800-665-0411 - Source - www.Investorideas.com
|
