January 5, 2012 - Investorideas.com, a leader in sector research for independent investors issues a trading alert for TSX trading leaders for January 04, 2012. The Standard & Poor's/TSX Composite Index added 18.04 (0.15%) to close at 12,226.47.
Connacher Oil and Gas Limited ( TSX:CLL) was the most active stock on the TSX and ended lower by 0.110 (-12.36%) to close at C$0.78 with more than 18.35 million shares traded, correcting from its previous session's rally over 17%. The company made a statement that it sees strong fourth-quarter results, considering sudden jump in crude and bitumen prices.
Vero Energy Inc (TSX:VRO) shares climbed 0.19 (7.17%) to end at C$2.84, extending its prior session rally on news that the company is looking to divest some of its natural-gas assets to a private oil and gas company valuing C$209 million.
Crocodile Gold Corp (TSX:CRK) added 0.23 (1.41%) to close at C$16.57 as prices of crude oil continued to edged higher on weak dollar and ongoing geopolitical tensions between Iran and the U.S. The stock has climbed over 5% over the past one week.
Lundin Mining Corporation (TSX: LUN) increased 0.24 (5.69%) to end at C$4.46 with volume of 3.90 million shares, compared to its 10-day average volume of 3.47 million shares. The stock was supported increased gold prices. Over the past 4 trading sessions, the stock has moved over 10.67%.
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