Video Showcase

Capstone Mining active on production news: Canadian market movers

1/10/2013 12:34:02 PM | Elizabeth Walters

1328 Reads

Rate this

clarity
5

clarity : 5
Rate this:

overall quality
4 overall quality : 4
Average quality rating by the Stockhouse community.

credibility
5

credibility : 5
Rate this:

usefulness
5

usefulness : 5
Rate this:

Capstone Mining active on production news: Canadian Market Movers

On Thursday, the top TSX mover was Capstone Mining Corp. (TSX: T.CS, Stock Forum). The stock was up 1.95% and was trading at $2.61 on volume of 5.5 million. The mineral exploration and development company said combined production totalled 82.8 million pounds of copper in concentrates in the full year 2012, with additional by-products of zinc, silver, gold and lead.

Goldcorp Inc. (TSX: T.G, Stock Forum) was the second most active stock on the TSX. It rose 3.18% and was trading at $36.545 on volume of 3.2 million shares. On Jan. 7, the precious metals exploration and development company forecast 2013 gold production to grow approximately 10% to between 2.55 and 2.80 million ounces.

Castillian Resources Corp. (TSX: V.CT, Stock Forum) was the volume leader on the TSX Venture Exchange. It was unchanged and was trading at $0.025 on volume of 8 million. The mineral exploration company had no related news to explain the high volume in trading.

The second most active stock on the TSX Venture was Eacom Timber Corp. (TSX: V.ETR, Stock Forum). It lost 7.02% and was trading at $0.265 after 3.4 million shares changed hands. On Jan. 9, the global timber company said it had established a special committee of independent directors to consider strategic alternatives that may be available to the company.

ABOUT THE AUTHOR

Elizabeth Walters

Stockhouse Conflict and Disclosure Policy:

Stockhouse publishing Ltd., owners and operators of Stockhouse.com, has established the following rules to ensure that there is no appearance of impropriety on the part of any Stockhouse Editorial writers ("Writers"). The content of Stockhouse Editorial articles (the "Articles") are the opinion of the Writer and any reliance on the content of these articles is at your sole risk. Our Writers are not registered investment advisors. You should not make any kind of investment decision in relation to Articles or stocks discussed in them without obtaining advice from a registered investment advisor.

Facts relied upon by our Writers are generally provided by the subject companies or gathered by our Writers from other public and/or private sources. These facts may be in error and if so, the opinions of our Writers may be materially different.

Writers may own, buy, or sell shares in public companies mentioned in their Articles, but in the Article they must prominently state their ownership position. Thus, a conflict may exist. Writers are not permitted to write Articles that attempt to benefit persons connected to the Writer, such as family or friends, except where disclosure is made in the same way as if the Writer him/herself owns stock.

Writers cannot solicit, accept, or agree to receive anything of value given or paid with the intent of influencing their Articles.

Stockhouse notifies each Writer about these rules, and we rely on the integrity of our Writers to ensure that our rules are followed.