Silver Bull Resources (NYSE: SVBL) and Nesscap Energy (TSXV: NCE) Lead the Top Sector Gainers

Silver Bull Resources Inc (NYSE: SVBL) and Nesscap Energy Inc (TSXV: NCE), lead the top small cap stock gainers for various sectors on both sides of the border, including one that saw its share price surge 50%.

Top U.S. Gainer

Silver Bull Resources Inc (NYSE: SVBL), engaged in the acquisition and development of silver resources on a global basis, was the top performer in the U.S. diversified mining sector after skyrocketing 49.6% and closed at $0.18 Friday, while recording significant trading volumes of 598,000 shares. During the past 5-trading sessions, SVBL fell by 0.2% with daily average trading volumes of 409,630 shares, while the stock tumbled 3.7% during the past one month with daily average trading volumes of 219,112 shares.

1-Year Price Chart

Top Canadian Gainer

Nesscap Energy Inc (TSXV: NCE), engaged in researching, developing and manufacturing ultracapacitor products was the top sector gainer after gaining 35.0% and closed at C$0.14 Friday, while recording significant trading volumes of 198,000 shares. NCE broke its key technical resistance levels of 30-
Day and 50-Day DMAs at C$0.11 & C$0.12 respectively. Recently, the company announced that it has mutually agreed with Open Joint Stock Company RUSNANO (RUSNANO) to cancel the Investment Agreement dated September 29, 2011 under which RUSNANO invested US$19,000,000 for 50,955,000 common shares of Nesscap, after being unable to jointly develop a viable business plan for establishment of Russian operations. Nesscap will return the Escrowed Funds to RUSNANO in exchange for 33,970,000 common shares, currently held by Rusnano. During the past 5-trading sessions, NCE gained 50.0% with daily average trading volumes of 59,600 shares, while the stock accumulated 35.0% gain during the past one month with daily average trading volumes of 38,667 shares. The stock is up 22.7% year-to-date.

1-Year Price Chart