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Baja Mining down 14% in funding aftermath: Canadian market movers

Elizabeth Walters Elizabeth Walters, Stockhouse
0 Comments| November 5, 2012

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On Monday, the top TSX mover was Bombardier Inc. (TSX: T.BBD.B, Stock Forum). The stock dropped 2.17% and was trading at $3.60 on volume of 5.8 million. The transportation equipment manufacturer is preparing to release its financial results in a conference call on Nov. 7.

Baja Mining Corp. (TSX: T.BAJ, Stock Forum) was the second most active stock on the TSX. It fell 13.8% and was trading at $0.125 on volume of 4.1 million shares. On Nov. 2, the mine development company announced it had received $84 million in additional funding from the Korean Consortium for the Boleo copper-cobalt-zinc-manganese project

Porto Energy Corp. (TSX: V.PEC, Stock Forum) was the volume leader on the TSX Venture Exchange. It lost 9.09% and was trading at $0.05 on volume of 3.4 million. On Nov. 1, the international oil and gas company said an exploration well in Portugal did not have sufficient reservoir sands to be a commercial success.



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