Active Stock Buzzers on TSXV

Yesterday, there were a large number of stocks that had made significant moves on the TSX Venture Exchange, and this morning, many of those stocks could be in play yet again. This feature would look into five stocks on the exchange that had made notable moves yesterday and could be worth tracking this morning.

AbraSilver Resources Corp. (TSX.V:ABRA) (OTCQX: ABBRF) Yesterday, the company had been in sharp focus among investors and ended up with gains of 10% amidst strong interest. On March 25, AbraSilver Resources Corp. was in the news cycle after it announced the results of the preliminary feasibility study related to its Diablillos project located in the Salta Province of Argentina. The company owns the project in its entirety. The company also revealed that the team involved in the study had been made up of SGS Geological Services, INSA Argentina, SGS Bateman, Knight Piesold Ltd., and Bmining Chile.

GoviEx Uranium Inc. (TSXV: GXU) (OTCQX: GVXXF) On March 18, the company announced the progress that had been made at its Madaouela Uranium Project, located in Niger. Yesterday, GoviEx Uranium Inc. suffered from a selloff and went down by 4%, which is why it could be a good move to take a closer look at the earlier announcement. GoviEx had appointed the services of SGS Bateman for the front-end engineering design-related work. Additionally, the project was also moving ahead with the preliminary groundwork, which included the construction of an access road. Other plans included thorough site clearance, terracing, and initial civil engineering construction work.

Sintana Energy Inc. (TSX-V: SEI) (OTCQB: SEUSF) The company’s stock was in sharp focus yesterday and delivered gains of 5.5% to its shareholders. On March 14, Sintana Energy Inc. was in the news after it provided a key update about its on-going exploration work at the 2813A and 2814B blocks situated at the Orange Basin in Namibia. It is one of the most prospective oil and gas zones in the world at this point. In the news release at the time, the company announced that the drilling operations at the blocks had encountered a significant light oil column in the high-quality reservoirs.

Magna Mining Inc. (TSXV: NICU) (OTCQB: MGMNF) The stock had attracted the attention of investors in a big way on Wednesday and ended the day with gains of 17% amidst strong interest. The rally came about after Magna Mining Inc. announced that it had inked a definitive off-take agreement with Vale Canada, the fully owned subsidiary of Vale Base Metals. The agreement had been for the advanced exploration portion of the Crean Hill Project. It was noted that the agreement was a major new development for the company.

Reconnaissance Energy Africa Ltd. (TSXV: RECO) (OTCQX: RECAF) On Wednesday, the company was on the radar of investors, and its stock clocked gains of more than 6% as a consequence. On March 22, Reconnaissance Energy Africa Ltd. announced that it had entered into an amended agreement with Research Capital Corporation as the only bookrunner and main underwriter on behalf of a group of underwriters. The aim of the deal would be to raise the size of the company’s previously announced public offering. The underwriters agreed to pick up 16,666,700 units in Reconnaissance Energy Africa for the price of C$0.90 to generate aggregate gross proceeds to the tune of C$150,00,030.