On Friday, the top TSX mover was Surge Energy Inc. (TSX: T.SGY, Stock Forum). The stock lost 2.8% and was trading at $5.14 on volume of 4.9 million.
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.
Kinross Gold Corp. (TSX: T.K, Stock Forum) was the second most active stock on the TSX. It rose 0.5% and was trading at $6.05 on volume of 1.9 million shares.
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.
Mustang Minerals Corp. (TSX: V.MUM, Stock Forum) was the volume leader on the TSX Venture Exchange. It fell 25% and was trading at $0.015 on volume of 4.3 million.
The exploration and development company had no related news to explain the high volume in trading.
The second most active stock on the TSX Venture was Mart Resources Inc. (TSX: V.MMT, Stock Forum). It gained 2.1% and was trading at $1.45 after 2.2 million shares changed hands.
On May 23, 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.