Probe Mines (TSXV:PRB) Leads the Top Sector Gainers

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Probe Mines Ltd (TSXV: PRB), leads the top small cap stock gainers for various sectors with its share price surge of 51%.

Top Canadian Gainer

Company Name

Exchange

Ticker

Market Cap
(C$ Mn)

Last Price

Last Volume

Price Return
(1-Day)

Price Return
(5-Days)

52-Week High

52-Week Low

Probe Mines Ltd

TSXV

PRB

459.4

5.06

2,627,998

50.6%

52.0%

5.16

1.96

Probe Mines Ltd (TSXV: PRB), engaged in the exploration of base and precious metals, was the top sector gainer after skyrocketing 50.6% and closed at C$5.06 Monday, while recording significant trading volumes of 2.6 million shares. The rise in the stock’s price resulted due to the recent announcement made by PRB that it has entered into a definitive agreement with Goldcorp Inc. (TSX: G, NYSE: GG), whereby Goldcorp will acquire all of the outstanding shares of PRB under a plan of arrangement for consideration of 0.1755 of a Goldcorp share per PRB share, equivalent to C$5.00 per PRB share, based on the closing price of Goldcorp shares on the TSX on January 16, 2015, amounting the deal value to C$526 million. During the past 5-trading sessions, PRB gained 52.0% with daily average trading volumes of 591,766 shares, while the stock accumulated 68.7% gain during the past one month with daily average trading volumes of 240,126 shares. The stock is up 69.2% year-to-date.

1-Year Price Chart

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