Here are the most active stocks on Thursday mid-morning on the TSX and TSX Venture Exchange.
On Thursday, the top TSX mover was Air Canada (TSX: T.AC.B, Stock Forum). The stock rose 5.7% and was trading at $1.48 on volume of 8.3 million shares. On Oct. 10, the airline launched a Facebook contest to help name its new low-cost service set to begin in 2013.
Ram Power Corp. (TSX: T.RPG, Stock Forum) was the second most active stock on the TSX. It rose 28.95% and was trading at $0.245 on volume of 4 million shares. The renewable energy company resumed trading Thursday after an announcement on Oct.10. The company said it had reached an agreement with the Nicaraguan Government to increase the power sales tariff for its geothermal power project.
Sandstone Metals & Energy Ltd. (TSX: V.SND, Stock Forum) was the volume leader on the TSX Venture Exchange. It was up 6.45% and was trading at $0.495 on volume of 4.08 million shares. The resource company had no related news to explain the high volume of trading.
The second most active stock on the TSX Venture was Emerald Bay Energy Inc. (TSX: V.EBY, Stock Forum). It was unchanged and was trading at $0.055 after 3.7 million shares changed hands. The junior oil and gas company reported a group of shareholders sold an aggregate of 12.7 million common shares on Oct. 10.
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