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Microcap Report: Banro (T.BAA) active on DRC gold production news

Stockhouse Editorial
0 Comments| January 5, 2015

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Banro Corp. (TSX: T.BAA, Stock Forum) shares eased 3.2% to 15 cents Monday after the company said it had achieve record production of 38,236 ounces of gold in the fourth quarter of 2014 from two mines in the Democratic Republic of Congo.

The Twangiza mine produced 29,445 ounces in the fourth quarter, with the Namoya mine yielding an another 8,791 ounces, the company said in a press release.

Select Canadian Small/Micro-cap Advancers (as of 4:00 PM Eastern)
Horizons BetaPro S&P\/TSX Capped Energy Bear Plus ETF (T.HED, Stock Forum) 12.88%
Argonaut Gold Inc. (T.AR, Stock Forum) 12.57%
Horizons BetaPro NYMEX Crude Oil Bear Plus ETF (T.HOD, Stock Forum) 11.26%
Continental Gold Limited (T.CNL, Stock Forum) 7.35%
Pretium Resources Inc. (T.PVG, Stock Forum) 6.91%
Select Canadian Small/Micro-cap Decliners (as of 4:00 PM Eastern)
Sintana Energy Inc. (V.SNN, Stock Forum) -33.33%
Legacy Oil + Gas Inc. (T.LEG, Stock Forum) -18.75%
Mega Uranium Ltd. (T.MGA, Stock Forum) -18.52%
Trilogy Energy Corp. (T.TET, Stock Forum) -17.56%
Mart Resources, Inc. (T.MMT, Stock Forum) -14.71%

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