Stockhouse Canadian Small and Micro-cap Stock Report for Tuesday, November 1, 2011
TORONTO (SHfn) – Calvista Gold (TSX: T.CVZ, Stock Forum) shares climbed 13% to 76 cents on Tuesday after the micro cap explorer announced additional drill hole assay results from its Phase I drill program as its California Project in Colombia, which included 19.41 metres of 22.16 grams per tonne (g/t) gold.
As well, shares of China Keli Electric (TSX: V.ZKL, Stock Forum) shot up 45% to 14.5 cents as the manufacturer of electrical components and equipment reported a first-quarter net profit of $380,872, up 517.9% from $61,641 during Q1 2011. Revenue for the period rose 11.2% to $4,054,351.
TerraX Minerals (TSX: V.TXR, Stock Forum), meanwhile, said it has completed its five hole drill program on its wholly-owned Stewart gold-copper property in Newfoundland and received assays from the first hole, which included 111 metres of 0.13 g/t gold and 0.05% copper. TerraX stock popped 23% to 13.5 cents.
| Top Canadian Small/Micro-cap Advancers (as of 4 PM Eastern) |
| Top Canadian Small/Micro-cap Decliners |
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