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Thursday, November 17, 2011

TSX Stocks to Watch; Wednesday's Trading Leaders: (TSX: LSG), (TSX: SU), (TSX: JAG), (TSX: CNQ)

November 17, 2011 - Investorideas.com, a leader in sector research for independent investors issues a trading alert for TSX trading leaders for November 16, 2011. The Standard & Poor's/TSX Composite Index ended lower by 54.91 (-0.45%) to close the day at 12,174.36, after hitting session high of 12,295.32.
Lake Shore Gold Corp. (TSX:LSG) was the most traded stock on TSX and closed with a gain of 0.11 (6.79%) to C$1.73 after the company after the gold junior announced the completion of an initial National Instrument 43-101 resource estimate for its wholly-owned Thunder Creek property near Timmins, Ontario.
Suncor Energy Inc. (TSX: SU) ended higher by 0.49 (1.52%) to C$32.75 on over 6.82 million shares, compared to its 30-day average volume of 5.75 million shares. The stock rallied as Crude oil prices climbed over 2% to close above $102 a barrel.
Jaguar Mining Inc. (TSX: JAG) gained 2.52 (46.15%) to C$7.98 and made a new 52-week high of $8.36 after the company confirmed that that it has received proposals over the past few weeks. The Board of Directors has determined to initiate a strategic process to explore alternatives to maximize shareholder value.
Canadian Natural Resources Limited (TSX: CNQ) shares jumped 1.18 (3.15%) to close the day at C$38.69 on over 4.76 million shares on no major news. Canadian Natural Resources Limited is an independent energy company engaged in the acquisition, exploration, development, production, marketing and sale of crude oil, NGLs, and natural gas production.
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