On Thursday, the top TSX mover was Kinross Gold Corp. (TSX: T.K, Stock Forum). The stock gained 2.7% and was trading at $6.07 on volume of 4.2 million.
On May 13, the gold producer announced the detailed voting results for the election of its Board of Directors, which took place at the company's Annual General Meeting held in Toronto on May 8, 2013.
Surge Energy Inc. (TSX: T.SGY, Stock Forum) was the second most active stock on the TSX. It climbed 5.5% and was trading at $5.20 on volume of 3.6 million shares.
On May 15, the oil and gas company announced the election results for the board of directors from its 2013 annual general meeting of shareholders. Eight nominees were elected as directors of Surge to serve until the next annual meeting of shareholders.
Mart Resources Inc. (TSX: V.MMT, Stock Forum) was the volume leader on the TSX Venture Exchange. It fell 4.8% and was trading at $1.40 on volume of 2.7 million.
Today the international oil and gas company announced its financial and operating results for the three months ended March 31, 2013. Net income for first quarter was US$1.9 million or US$0.005 per share compared to net income of US$37.9 million or US$0.113 per share for the first quarter of 2012. According to Mart, the lower net income during the period was due to the export pipeline shutdowns caused by repairs and maintenance that resulted in decreased revenue during the period.
The second most active stock on the TSX Venture was PNG Gold Corp. (TSX: V.PGK, Stock Forum). It rose 20% and was trading at $0.06 after 1.4 million shares changed hands.
Today the exploration company reported gold and silver assay results from 11 diamond drill holes from Imwauna Main Structure, located 80 kilometres northeast of Alotau, Papua New Guinea. The highlight was 2.5 metres grading 52.1 grams per tonne gold and 124.2 grams per tonne silver.