Small
stocks making big moves on Friday, November 7, 2014 (as of 4 pm EST), as
reported by Sean Mason, SmallCapPower.com
Raging River Exploration Inc. (TSX: RRX)
shares surged 13% to $8.39 on volume of more than 3.1 million shares Friday
after the junior oil and gas producer increased its 2014 production guidance to
12,750 boe/d from 12,500 boe/d.
As well,
shares of AutoCanada Inc. (TSX: ACQ)
slipped 10% to $62.12 as the Canadian multi-location automobile dealership group
announced that its Q3 revenue surged 82% to $733.4 million while its earnings
per share for the quarter increased 45% to $0.74.
Denison Mines Corp. (TSX: DML),
meanwhile, reported that its third quarter net loss narrowed to a penny a share
from a net loss of $0.10 per share during the same period last year. Denison
Mines stock popped 20% to $1.25 following the announcement.
Finally, Petroamerica Oil Corp. (TSX: PTA)
shares rose 4% to $0.28 after the Canadian oil and gas company operating
in Colombia said it has begun drilling operations on two of its exploration
properties in the Llanos Basin of Colombia, and included the spudding of the Zampoña-1
and Langur-1x exploration wells.
