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Mart Resources active on well news: Canadian market movers

Stockhouse Editorial
0 Comments| January 9, 2013

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On Thursday, the top TSX mover was Bombardier Inc. (TSX: T.BBD.B, Stock Forum). The stock gained 1.04% and was trading at $3.90 on volume of 7.9 million. The transportation manufacturer said that it delivered 233 aircraft during the 2012 calendar year, compared to 245 aircraft deliveries in the previous fiscal year, the 11-month period ended Dec. 31, 2011.

Uranium One Inc. (TSX: T.UUU, Stock Forum) was the second most active stock on the TSX. The stock lost 0.41% and was trading at $2.42 on volume of 4 million. On Nov. 29, the uranium producer released a report that said long-term demand for uranium was rising on China’s and India’s nuclear expansion plans.

Sintana Energy Inc. (TSX: V.SNN, Stock Forum) was the volume leader on the TSX Venture Exchange. It was up 3.12% and was trading at $0.165 on volume of 6.9 million. On Jan. 7, 2013, the petroleum and natural gas exploration and development company said that the Dorados-1X exploration well, which commenced drilling operations on July 31, 2012, has completed the previously reported flow test program.

The second most active stock on the TSX Venture wasMart Resources Inc. (TSX: V.MMT, Stock Forum).It rose 6.29% and was trading at $1.86 after 2.7 million shares changed hands. The oil and gas junior announced initial flow rate test results for the UMU-10 well. During the test of the XXI sand, the well flowed 55.3 API gravity oil through 3 1/2 inch tubing on a 28/64 inch choke at a flowing tubing pressure of 1260 pounds per square inch.



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