Investorideas.com newswire, news and commentary for leading sectors

Monday, November 14, 2011

TSX Stocks to Watch; Friday's Trading Leaders: (TSX: RIM), (TSX: FCO), (TSX: ML), (TSX: TRP)

November 14, 2011 - Investorideas.com, a leader in sector research for independent investors issues a trading alert for TSX trading leaders for November 11, 2011. The Standard & Poor's/TSX Composite Index rebounded and gained 167.98 (1.39%) to close the day at 12,276.85.
Research In Motion Limited (TSX: RIM) was the most traded stock on TSX and closed with a gain of 0.82 (4.59%) to C$18.69 with the sharp rally in the broader markets. More than 4.62 million shares traded hands, compared to its average volume of 2.85 million shares.
Formation Metals Inc. (TSX: FCO) continued to gain for the second consecutive days. The stock ended higher by 0.080 (15.38%) to $0.600.In the previous trading session the stock was up 2.50%. Formation Metals Inc. is a mineral exploration, development and refining company. The Company, either directly or indirectly through its wholly owned subsidiaries is engaged in the business of exploring for minerals in Canada, the United States and Mexico.
Mercator Minerals, Ltd. (TSX: ML) gained 0.03 (1.69%) to C$1.80 on over 4.17 million shares. Last week, the company has filed the El Pilar National Instrument 43-101 ("NI 43-101") compliant feasibility study ("FS") on SEDAR and on the Company's website.
TransCanada Corporation (TSX: TRP) shares added 0.96 (2.41%) to end close day at C$40.81 as the prices of crude oil increased with the broader rally. TransCanada Corporation (TransCanada) is a North American energy infrastructure company focused on natural gas pipelines, oil pipelines and energy.
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