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Petrodorado Energy (V.PDQ) falls 11%: Canadian market movers

Elizabeth Walters Elizabeth Walters, Stockhouse
1 Comment| September 24, 2013

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Here are the most active stocks on Tuesday mid-morning on the TSX and TSX Venture Exchange.

On Tuesday, the top TSX mover was Bombardier Inc. (TSX: T.BBD.B, Stock Forum). The stock gained 1.7% and was trading at $4.89 on volume of 3.8 million.

On September 21, the transportation equipment manufacturer announced it will attend Aviation Expo/China 2013 to meet current and potential customers, further strengthen its long-term relationships with partners in the growing Chinese aviation industry and showcase its innovative range of aircraft and services.

BlackBerry Ltd. (TSX: T.BB, Stock Forum) was the second most active stock on the TSX. It lost 2.6% and was trading at $8.84 on volume of 2.5 million shares.

On September 23, Fairfax Financial Holdings Ltd. (TSX: T.FFH, Stock Forum) made a conditional offer to buy the Smartphone maker in a deal valued at US$4.7 billion.

Zodiac Exploration Inc. (TSX: V.ZEX, Stock Forum) was the volume leader on the TSX Venture Exchange. It fell 10% and was trading at $0.09 on volume of four million.

The exploration and production company had no related news to explain the high volume in trading.

The second most active stock on the TSX Venture was Petrodorado Energy Ltd. (TSX: V.PDQ, Stock Forum). It slipped 11.1% and was trading at $0.04 after 2.2 million shares changed hands.

On September 23, the oil and gas focused junior announced the completion of drilling the second well in the Kreyenhagen project in California. The well (K 8-33) began drilling on September 20, 2013, and reached target depth on September 21, 2013. The well has been cased and logged and will be put on a production test in the near future.


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