Methanex Corp. (TSX: T.MX, Stock Forum) briefly hit $40.17 on Wednesday before closing at $39.95, for an increase of 2.04%.
On March 5, the methanol supplier announced plans to increase operating capacity at its New Zealand operations by 700,000 tonnes to 2.2 million tonnes by the end of 2013.
The second company to make the 52-week high list was Peyto Exploration and Development Corp. (TSX: T.PEY, Stock Forum). The stock hit a new peak of $26.70 before closing at $26.21, up 2.38%.
On Feb. 15, the oil and natural gas company confirmed the monthly dividend with respect to February of $0.06 per common share is to be paid on March 15, for shareholders of record on Feb. 28, 2013.