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Brixton Metals soars on gold mineralization expansion: Canadian market movers

Elizabeth Walters Elizabeth Walters, Stockhouse
0 Comments| November 6, 2012

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On Tuesday, the top TSX mover was Uranium One Inc. (TSX: T.UUU, Stock Forum). The stock fell 4% and was trading at $1.92 on volume of 5 million. On Nov. 5, Uranium One said production had increased by 23% in the third quarter for a total of 3.1 million pounds of uranium.

Bombardier Inc. (TSX: T.BBD.B, Stock Forum) was the second most active stock on the TSX. It was up 2.54% and was trading at $3.63 on volume of 3.9 million shares. Investors bet on positive financial results ahead of the transportation manufacturer’s third quarter results on Nov. 7.

Sagres Energy Inc. (TSX: V.SGI, Stock Forum) was the volume leader on the TSX Venture Exchange. It was unchanged and was trading at $0.02 on volume of 4.3 million. The international oil and gas company said it had finalized a farm-out agreement with Canacol Energy on the El Triunfo Block, which is comprised of 25,205 gross acres in the oil-rich Llanos Basin in the Department of Casanare, Colombia.

The second most active stock on the TSX Venture was Brixton Metals Corp. (TSX: V.BBB, Stock Forum). It rose 12.5% and was trading at $0.225 after 2.7 million shares changed hands. On Nov. 5, the mineral exploration and production company said it had expanded the Oban Breccia zone, drilling 150.5 metres of 314.59 grams per tonne silver equivalent, including 73.7 metres of 466.28 grams per tonne silver equivalent.



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