Top Stocks to Watch for February 04, 2014 (TSXV: MTX) (TSX: MMM)

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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 (C$)
Metalex Ventures Ltd TSXV MTX 0.25 16.2% 16.3% 0.30 0.05 211,262 16.6
Minco Gold Corp TSX MMM 0.53 9.3% 12.8% 0.63 0.14 198,920 26.7

These two Canadian oil & gas exploring penny stocks are featured as today’s top stocks to watch based on its performance during the previous trading sessions. These stocks recorded a strong price gain momentum during the past two trading session with significant volumes.

Metalex Ventures Ltd (TSXV: MTX), an exploration-stage companyengaged in the acquisition, exploration and development of mineral properties, gained over 35% during its past two trading sessions gaining more than 16% in each of the two consecutive days. During its last trading session, the stock gained 16.3% and closed at C$0.25 with significant trading volume of 211,262 shares. During its past 5-trading sessions, MTX gained 22% with 5-day average volume of 107,958 shares compared to 1-month daily average volume of 103,963 shares.

Minco Gold Corp (TSX: MMM), an exploration-stage company engaged in exploration and evaluating gold-dominant mineral properties, gained over 23% during its past two trading sessions gaining more than 9% in each of the two consecutive days. During its last trading session, the stock gained 12.8% and closed at its 52-week high of C$0.53 with significant trading volume of 198,920 shares. During its past 5-trading sessions, MMM gained 47.2% with 5-day average volume of 111,664 shares compared to 1-month daily average volume of 64,853 shares.

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