Top Stocks to Watch for April 02, 2014 (NASDAQ: KIOR) (TSX: MGA) (TSX: FCO) (TSXV: BCN)

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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 ($)
KiOR Inc NASDAQ KIOR 0.84 39.8% 46.4% 5.94 0.33 14,219,917 92.3
Mega Uranium Ltd TSX MGA 0.30 11.9% 27.7% 0.42 0.06 2,512,891 80.7
Formation Metals Inc TSX FCO 0.25 22.2% 13.6% 0.26 0.06 1,200,484 22.7
Bacanora Minerals Ltd TSXV BCN 0.50 11.1% 11.1% 0.76 0.13 258,000 31.6

These four penny resources stocks are featured as top stocks of the day based on their price performance during previous trading sessions. These stocks recorded a strong price gain momentum during the past two trading session with significant volumes.

KiOR Inc (NASDAQ: KIOR), a renewable fuels company engaged in producing cellulosic gasoline and diesel from abundant non-food biomass, gained over 105% during its past two trading sessions gaining more than 39% in each of the two consecutive days. During its last trading session, the stock skyrocketed 46% and closed at $0.84 with significant trading volume of 14.2 million shares. During its past 5-trading sessions, KIOR surged 40.4% with 5-day average volume of 5.7 million shares compared to 1-month daily average volume of 2.4 million shares.

Mega Uranium Ltd (TSX: MGA), an exploration and development stage mineral resources company with a focus on uranium properties, gained over 43% during its past two trading sessions gaining more than 12% in each of the two consecutive days. During its last trading session, the stock surged 27.7% and closed at C$0.30 with significant trading volume of 2.5 million shares. During its past 5-trading sessions, MGA surged 15.4% with 5-day average volume of 1.4 million shares compared to 1-month daily average volume of 1.5 million shares.

Formation Metals Inc (TSX: FCO), a mineral exploration, development and refining company engaged in the business of exploring minerals, gained over 39% during its past two trading sessions gaining more than 13% in each of the two consecutive days. During its last trading session, the stock gained 13.6% and closed at its 52-week high of C$0.25 with significant trading volume of 1.2 million shares. During its past 5-trading sessions, FCO surged 31.6% with 5-day average volume of 448,844 shares compared to 1-month daily average volume of 301,693 shares.

Bacanora Minerals Ltd (TSXV: BCN), a mining company engaged in exploration for mineral deposits, gained over 24% during its past two trading sessions gaining more than 11% in each of the two consecutive days. During its last trading session, the stock skyrocketed 11.1% and closed at C$0.50 with significant trading volume of 258,000 shares. During its past 5-trading sessions, BCN surged 20.5% with 5-day average volume of 192,087 shares compared to 1-month daily average volume of 92,339 shares.

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