TSX Stocks to Watch; Tuesday’s Top Gainers: TSX: LMA, TSX: RON, TSX: PVG, TSX: SXC
New York, NY, April 04, 2012 - www.InvestorIdeas.com, a leader in sector research for independent investors issues a trading alert for TSX percentage gainers for April 03, 2012. The Standard & Poor's/TSX Composite Index fell 183.45 (-1.47%) to close at 12,323.61.
La Mancha Resources, Inc. (TSX: LMA) added 0.58 (17.74%) to close at C$3.85 without any official news. So far this year, La Mancha has outperformed the broader market gaining over 40% year-to-date. La Mancha Resources is a gold producer with operations, development projects and exploration activities in Africa, Australia and Argentina.
RONA Inc. (TSX: RON) shares climbed 1.13 (12.09%) to end at C$10.48 on speculation that Lowe’s Companies, Inc. (NYSE:LOW) might be interested in buying the Canadian chain. However late Tuesday, the company denied such reports, stating that RONA is not for sale and it is not presently of the view that a combination with another corporation
Pretium Resources Inc (TSX: PVG) rose 0.94 (6.69%) to close at C$15.00 on over 994K shares, compared to its average volume of 774K shares. The company posted a high-grade mineral resource estimate for its Brucejack project in northern British Columbia.
SXC Health Solutions, Corp.(TSX:SXC) gained 4.66 (6.34%) to end at C$78.13 after analysts at JMP Securities remarked that the pharmacy benefits manager was chosen to handle Indiana’s Medicaid program and the contract may be worth $32 million.
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