Top Momentum Gainer: Lightstream Resources (TSX: LTS) Soars 40% in 2-Days

Published:

Shares of Lightstream Resources Ltd (TSX: LTS), engaged in the business of exploration and production of light oil, recorded over 15.0% gain during each of the past two consecutive trading sessions with significant number of shares exchanging hands. LTS was among the top performers in the Canadian energy sector after gaining 15.3% and closed at C$3.90 Friday, while recording significant trading volumes of 3.3 million shares. Recently, LTS announced cash dividend of C$0.04 per share for the month of November, which will be paid on December 15, 2014 to all LTS shareholders of record on November 30, 2014. The ex-dividend date is November 26, 2014. During the past 5-trading sessions, LTS gained 39.3% with daily average trading volumes of 2.0 million shares, while the stock accumulated 5.4% gain during the past one month with daily average trading volumes of 1.8 million shares.

Company Description:
Lightstream Resources Ltd. (TSX: LTS) is a light oil-focused exploration and production company in Canada.

1-Year Stock Chart:

Source: Bloomberg

View Archive

Related articles

Recent articles