ChinaNet Online Holdings (NASDAQ:CNET) and Sutter Gold Mining (TSXV:SGM) Lead the Top Sector Gainers

ChinaNet Online Holdings Inc (NASDAQ: CNET) and Sutter Gold Mining Inc (TSXV: SGM), lead the top small cap stock gainers for various sectors on both sides of the border, including one that saw its share price surge 100%.

Top U.S. Gainer

ChinaNet Online Holdings Inc (NASDAQ: CNET), engaged in providing media development, advertising and communications services to small and medium companies (SMEs) in China, was the top performer in the U.S. technology sector after climbing 28.9% and closed at $1.87 Tuesday, while recording significant trading volumes of 6.5 million shares. It also broke its key technical resistance level of 50-Day DMA at $1.52. During the past 5-trading sessions, CNET gained 38.5% with daily average trading volumes of 1.5 million shares, while the stock accumulated 78.1% gain during the past one month with daily average trading volumes of 729,257 shares. The stock is up 62.6% year-to-date.

1-Year Price Chart

Top Canadian Gainer

Sutter Gold Mining Inc (TSXV: SGM), engaged in the exploration and development of mineral properties, was the top sector gainer after skyrocketing 100.0% and closed at C$0.11 Tuesday, while recording significant trading volumes of 244,700 shares. It also breached its key technical resistance levels of 30-Day & 50-Day DMAs at C$0.07 & C$0.08 respectively. During the past 5-trading sessions, SGM gained 83.3% with daily average trading volumes of 58,640 shares, while the stock accumulated 57.1% gain during the past one month with daily average trading volumes of 25,724 shares. The stock is up 100.0% year-to-date.

1-Year Price Chart