Here are the most active stocks on Wednesday mid-morning on the TSX and TSX Venture Exchange.
On Wednesday, the top TSX mover was
Surge Energy Inc. (
TSX: T.SGY). It climbed 0.7% and was trading at $5.65 on volume of five million shares.
On July 3, the oil and gas company closed a $240 million acquisition of an elite, operated, crude oil producing asset in the southwest area of Saskatchewan, with original oil in place of over 250 million barrels and a recovery factor of less than 1.5%.
Kinross Gold Corp. (
TSX: T.K) was the second most active stock on the TSX. The stock was up 1.9% and trading at $4.90 on volume of 3.4 million.
The gold mining company had no related news to explain the high volume in trading.
Gold Port Resources Ltd. (
TSX: V.GPO) was the volume leader on the TSX Venture Exchange. It lost 33% and was trading at $0.01 on volume of 2.1 million.
The exploration junior had no new reports to justify the fall in the stock.
The second most active stock on the TSX Venture was
Sonoro Energy Ltd. (
TSX: V.SNV) It fell 20% and was trading at $0.02 after 1.2 million shares changed hands.
On June 25, the oil exploration and development company announced that as a result of the recent widespread flooding and evacuations in downtown Calgary, it adjourned its Annual General and Special Meeting scheduled to be held on June 26, 2013 and planned to reconvene on July 17, 2013 at 10:00 a.m. in the Viking Room at the Calgary Petroleum Club, 319 - 5th Avenue SW, Calgary, Alberta.