Top Stocks to watch for January 17, 2014 (TSX: RNX) (TSX:UWE) (TSXV: EDW)

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Company Name Exchange Ticker Last Price Day 1 (% Change) Day 2 (% Change) 52 WEEK HIGH 52 WEEK LOW Last Volume M.Cap MM ($)
Royal Nickel Corp TSX RNX 0.42 18.8% 10.5% 0.63 0.25 477,569 39.5
U308 Corp TSX UWE 0.17 25.0% 10.0% 0.36 0.08 780,003 27.4
Edgewater Exploration Ltd TSXV EDW 0.12 11.1% 15.0% 0.52 0.04 254,501 12.0

Today, these three Canadian stocks are featured as the top stocks based on their performance during the previous trading session. These stocks recorded a strong price gain momentum during the past two trading session with significant volumes.

Royal Nickel Corp (TSX: RNK), a mineral resource company primarily focused on the exploration, development, evaluation and acquisition of mineral properties, gained over 31% during its past two trading sessions gaining more than 11% in each of the two consecutive days. During its last trading session, the stock gained 10.5% and closed at C$0.42 with significant trading volume of 477,569 shares. During its past 5-trading sessions, RNX gained 25.4% with 5-day average volume of 233,853 shares compared to 1-month daily average volume of 96,149 shares.

U308 Corp (TSX: UWE), engaged in exploring uranium, gained over 37.5% during its past two trading sessions gaining more than 10% in each of the two consecutive days. During its last trading session, the stock gained 10% and closed at C$0.17 with significant trading volume of 780,003 shares. During its past 5-trading sessions, UWE gained 73.7% with 5-day average volume of 383,484 shares compared to 1-month daily average volume of 185,643 shares.

Edgewater Exploration Ltd (TSXV: EDW), an exploration-stage company engaged in the acquisition, advancement and development of precious mineral properties, gained over 28% during its past two trading sessions gaining more than 11% in each of the two consecutive days. During its last trading session, the stock gained 15% and closed at C$0.12 with significant trading volume of 254,501 shares. During its past 5-trading sessions, EDW gained 27.8% with 5-day average volume of 93,800 shares compared to 1-month daily average volume of 90,920 shares.

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