China HGS Real Estate (NASDAQ: HGSH) and Saturn Minerals (TSXV: SMI) Lead the Top Sector Gainers

China HGS Real Estate Inc (NASDAQ: HGSH) and Saturn Minerals Inc (TSXV: SMI), lead the top small cap stock gainers for various sectors on both sides of the border, including one that saw its share price surge 46%.

Top U.S. Gainer

China HGS Real Estate Inc (NASDAQ: HGSH), engaged in developing residential property in Hanzhong, China, was the top performer in the U.S. financial sector after skyrocketing 46.4% and closed at $4.48 Friday, while recording significant trading volumes of 1.4 million shares. HGSH broke all of its key technical resistance levels of 30-Day, 50-Day and 200-Day DMAs at $3.85, $3.87 & $4.42 respectively. Recently, HGSH announced its financial results for the fiscal year 2014, where it reported total revenues of $124.3 million, up 83% against $67.8 million in fiscal 2013. Net income for the fiscal 2014 totaled approximately $32.4 million, an increase of approximately 56% than that of $20.8 million in fiscal 2013. Basic and diluted net earnings per share attributable to shareholders for the fiscal 2014 were $0.72, compared to $0.46 for the fiscal 2013. During the past 5-trading sessions, HGSH gained 33.7% with daily average trading volumes of 316,434 shares, while the stock accumulated 4.2% gain during the past one month with daily average trading volumes of 119,041 shares.

1-Year Price Chart

Top Canadian Gainer

Saturn Minerals Inc (TSXV: SMI), engaged in the business of acquiring, exploring, evaluating and developing energy and resource deposits in Canada, was the top sector gainer after climbing 36.3% and closed at C$0.15 Friday, while recording significant trading volumes of 125,000 shares. During the past 5-trading sessions, SMI gained 15.4% with daily average trading volumes of 100,414 shares, while the stock fell by 9.1% during the past one month with daily average trading volumes of 63,554 shares. The stock is up 76.5% year-to-date.

1-Year Price Chart