Top U.S and Canadian Sector Gainers (NYSE: MGT) (TSX: IE)

MGT Capital Investments Inc (NYSE: MGT), and Ivanhoe Energy Inc (TSXV: IE), lead the top small cap stock gainers for various sectors on both sides the border, including one that saw its share price soar of 56%

Top U.S. Gainer

MGT Capital Investments Inc (NYSE: MGT), an investment company focused on providing medical CAD based imaging software applications as well as operates an online community for medical imaging professionals, was the top performer in the U.S. technology sector after rallying 23.4% while recording huge volumes of 413,253 shares. During the past 5-trading sessions, MGT gained 20.2% with daily average trading volumes of 138,016 shares, while the stock accumulated over 101% during the past one month with daily average trading volumes of 79,531 shares. Recently, for the second quarter, the company reported total revenue of $0.32 million compared to $0.07 million in the same period last year. Gross margins during the quarter came at 48% of total revenues.

1-Year Price Chart

Top Canadian Gainer

Shares of Ivanhoe Energy Inc (TSXV: IE), an independent international heavy oil exploration and development company, skyrocketed 55.6% Friday while recording significant volumes of 1.9 million shares. We note that the stock breached the 30-day and 50-day DMAs at C$1.73 and C$2.13 respectively and closed Friday at C$.2.49 per share. During the past 5-trading sessions, IE gained 62.8% with daily average trading volumes of 408,800 shares, while the stock accumulated over 40% during the past one month with daily average trading volumes of 93,844 shares.

1-Year Price Chart