Top U.S and Canadian Sector Gainers (NYSE: PIP) (TSXV: MOX)

PharmAthene Inc (NYSE: PIP) and Morien Resources Corp (TSXV: MOX) lead the top small cap stock gainers for various sectors on both sides the border, including one that saw its share price soar of 59%

Top U.S. Gainer

PharmAthene Inc (NYSE: PIP), a biodefense company engaged in the development and commercialization of medical countermeasures against biological and chemical threats, was the top performer in the U.S. healthcare sector gaining 43.2% after Delaware Supreme Court forced SIGA Technologies, Inc. to pay more than $500 million to PIP over sales of a smallpox drug. The stock broke the all the key technical resistance levels of 30, 50 and 200 DMAs of $1.38, $1.43 & $1.73 respectively and ended yesterday at $1.80 while recording huge volumes of 6.7 million shares. During the past 5-trading sessions, the stock gained 41.7% with daily average trading volumes of 1.4 million shares, while the stock accumulated over 26% in the past one month with daily average trading volumes of 327,580 shares.

1-Year Price Chart

Top Canadian Gainer

Shares of Morien Resources Corp (TSX: MOX), engaged in the development of the Donkin Coal Project, located on the Atlantic coast in Eastern Canada, skyrocketed 58.6% Monday after the company reported that it has started receiving royalties from its investment in a British Columbia gold mine. The stock was the top gainer in the Canadian energy space in the last trading session and closed at its 52-week high of C$0.23 while recording huge volumes of 135,901 shares. During the past 5-trading sessions, the stock rallied 43.7% with daily average trading volumes of 80,821 shares, while the stock rallied over 35% during the past one month with daily average trading volumes of 32,306 shares. The stock is up 77% year-to-date.

1-Year Price Chart