TSX Stocks to Watch; Wednesday's Trading Leaders: (TSX:YLO), (TSX:ELR), (TSX:TLM), (TSX:ECA)
October 27, 2011 - Investorideas.com, a leader in sector research for independent investors issues a trading alert for TSX trading leaders for Wednesday October 26, 2011. The Standard & Poor's/TSX Composite Index ended higher by 76.31 (0.63%) to end the day at 12,186.06.
TSX:YLO) was the most actively traded stock, closing higher by 0.135 (37.50%) to C$0.495 with more than 17.65 million shares exchanged hands, extending its weekly gains to over 160%. The stock has jumped over 300%, since it made a new 52-week low of $0.12. The stock is up another 17% in early morning trading for Thursday’s session.
Eastern Platinum Ltd. (TSX:ELR) was the another active gainer and added 0.02 (3.12%) to C$0.66 with more than 15.90 million shares exchanged hands, compared to its average volume of 4.43 million shares after the company
announced that the dispute between JIC Mining Services (JIC) and the National Union of Mineworkers (NUM) has been resolved and the NUM strike action as reported on October 20, 2011 has been terminated. The stock is up another 4% in the first half hour of trading for Thursday .
Talisman Energy Inc. (TSX:TLM) stock closed higher by 0.26 (1.91%) to C$13.97. The stock has climbed over 3.75% over the past one week. The stock continues its run in Thursday’s opening up another 3%.
EnCana Corporation (TSX:ECA) climbed 0.36 (1.74%) to C$21.08 after the company reported that net earnings for the third quarter ended September 30, 2011 were $120 million, compared to $606 million for the third quarter ended September 30, 2010.The stock is up another $0.72 in early morning trading.
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