Nexen, Luna Gold shares reach 52-week high

Elizabeth Walters Elizabeth Walters, Stockhouse
0 Comments| February 25, 2013


 Nexen Inc. (TSX: T. NXY, Stock Forum) briefly hit $28.17 on Monday before closing at $28.15, for an increase of 0.64%.

The global energy company is expected to be acquired for $15.1-billion by China National Offshore Oil Corp. (NYSE: CEO, Stock Forum) this week. 

The second company to make the 52-week-high list was Luna Gold Corp. (TSX: T.LGC, Stock Forum). The stock hit a new peak of $3.75, before closing at $3.72, for an increase of 3.33%.

The Ubika Gold 50 Index put Luna Gold in the top 5% of high potential junior gold exploration companies in the performance week ending Feb. 22, 2013.


Tags: GOLD OIL & GAS E&P STOCKS 52-WEEK

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