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BlackBerry active on downgrade: Canadian market movers

Elizabeth Walters Elizabeth Walters, Stockhouse
0 Comments| March 25, 2013

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On Monday, the top TSX mover was BlackBerry (TSX: T.BB, Stock Forum). It fell 3.8% and was trading at $14.61 on volume of 7 million shares.

The BlackBerry maker faced a set back after being downgraded by Goldman Sachs Group because of a weak launch of the Z10 phone in the U.S.

Bombardier Inc. (TSX: T.BBD.B, Stock Forum) was the second most active stock on the TSX. The stock was down 1.7% and trading at $3.99 on volume of 3.5 million.

The transportation equipment manufacturer had no related news to explain the high volume in trading.

Fission Energy Corp. (TSX: V.FIS, Stock Forum) was the volume leader on the TSX Venture Exchange. It soared 9.3% and was trading at $1.18 on volume of 3.1 million.

On March 24, the exploration and development company said it hit 34 metres of 4.92% uranium including 12.5 metres at 12.38% uranium as part of the ongoing winter drill program on its Patterson Lake south property in Saskatchewan.

The second most active stock on the TSX Venture was Invicta Energy Corp. (TSX: V.VCA, Stock Forum) It was unchanged and was trading at $0.55 after 2.1 million shares changed hands.

On March 22, the oil and gas junior said it had achieved positive earnings by the end of the first quarter of 2012 and annual earnings of $1.3 million for the year as compared to a loss of $0.6 million last year.



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