On Monday, the top TSX mover was Osisko Mining Corp. (TSX: T.OSK, Stock Forum). It fell 20% and was trading at $4.08 on volume of 6.6 million shares.
On April 9, the gold miner reported a preview of Canadian Malartic operational results for the quarter ended March 31, 2013.
The results included record gold production of 106,047 ounces and an average recovery rate of 88%.
Torex Gold Resources Inc. (TSX: T.TXG, Stock Forum) was the second most active stock on the TSX. The stock was down 15.3% and trading at $1.22 on volume of 6.1 million.
Today the exploration and development company announced that two boreholes located approximately 100 metres southwest of the Media Luna magnetic anomaly, located in Mexico, intersected mineralization in a non-magnetic area.
Borehole WZML-30 encountered over 11.7 metres grading 5.4 grams per tonne gold equivalent and borehole WZML-26 encountered over 4.6 metres of 3.9 grams per tonne gold equivalent.
New Guinea Gold Corp. (TSX: V.NGG, Stock Forum) was the volume leader on the TSX Venture Exchange. It plummeted 50% and was trading at $0.005 on volume of 5.4 million.
The junior exploration company had no related news to explain the high volume in trading.
The second most active stock on the TSX Venture was Aurcana Corp. (TSX: V.AUN, Stock Forum) It slipped 17.9% and was trading at $o.46 after 2.7 million shares changed hands.
On April 12, the junior miner released a video of the company’s quarterly earnings report.
The company generated record revenues for 2012 and produced 45% more silver equivalent than in 2011 while decreasing cost per silver ounce net of by-products by 16%.