TSX Stocks to Watch; Monday's Trading Leaders: (TSX: MFC), (TSX: K), (TSX: BNS), (TSX: ELR)
December 6, 2011 - Investorideas.com, a leader in sector research for independent investors issues a trading alert for TSX trading leaders for December 05, 2011. The Standard & Poor's/TSX Composite Index added 44.24 (0.37%) to close the day at 12,119.33.
Kinross Gold (TSX:K) fell 0.14 (-1.00%) to finish at C$13.84 on over 5.01 million shares, compared to its average volume of 11.2K shares as gold prices slipped about 1% on Monday. The company announced it has reached a non-binding agreement in principle with the government of Ecuador regarding key fiscal and legal parameters for the exploitation of the Fruta del Norte (FDN) deposit in Ecuador's Zamora Chinchipe province.
The Bank of Nova Scotia (TSX: BNS) slid 0.69 (-1.41%) to end at C$48.30 after analyst at Barclays Capital reaffirmed its underweight rating on the stock. The Bank of Nova Scotia (the Bank) is a diversified financial institution. It offers a range of products and services, including retail, commercial, corporate and investment banking to almost in some 50 countries worldwide.
Eastern Platinum Ltd. (TSX: ELR) added 0.020 (3.39%) to end at C$0.610 on over 3.28 million shares. Eastern Platinum is a platinum group metals (PGM) producer, engaged in the mining and development of PGM deposits with properties located in South Africa.
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