On Tuesday, the top TSX mover was BlackBerry (TSX: T.BB, Stock Forum). The stock gained 3.37% and was trading at $14.71 on volume of 4 million.
On Feb. 12, the communications technology developer hosted a webinar about the full range of enterprise-relevant features at the heart of its new platform.
The Z10 smartphone is expected to hit the U.S. markets in March, which may be boosting investor sentiment.
Namibia Rare Earths Inc. (TSX: T.NRE, Stock Forum) was the second most active stock on the TSX. It rose 15.79% and was trading at $0.22 on volume of 3.4 million shares.
On Feb. 7, the mineral exploration company reported the intersection of two new mineralized zones in Area 6, and one new zone in Area 5 at the company's Lofdal rare earth project in northwestern Namibia.
Sterling Resources Ltd. (TSX: V.SLG, Stock Forum) was the volume leader on the TSX Venture Exchange. It fell 9.64% and was trading at $0.75 on volume of 3.4 million.
The oil and gas company entered into an agreement to sell an aggregate of 73,333,333 common shares of Sterling to a syndicate of underwriters on a bought deal basis at a price of $0.75 per share for gross proceeds of $55 million.
The second most active stock on the TSX Venture was Samaranta Mining Corp. (TSX: V.SAX, Stock Forum). It soared 75% and was trading at $0.035 after 2.9 million shares changed hands.
Samaranta halted trading pending news, however Samarium Group Holding Ltd., a strategic investment firm, beat them to the punch line after announcing it will commence a tender offer to purchase not less than 51% of the issued and outstanding public shares of the resource exploration company at a price of $ 0.1200 per share.