CANADIAN OILPATCH / FINANCIAL
I just reviewed the top 100 "dollar volume" stocks which traded yesterday on the
Alberta Exchange. It's kind of scarey when you see some of the statistics on some.
Oils O'all Company Price Price Volume Dollar - 52 Week - Ratio
Rank Rank Name Close Change Shares Volume High Low From Low
(000)
01 02 Elk Point Resources $6.75 +0.15 253,000 $1,711 $6.75 $0.38 17.8X
02 07 Red Sea Oil Corp. $2.60 +0.25 146,000 $ 381 $3.10 $0.36 7.2X
03 09 Oxbow Exploration $1.40 +0.05 242,000 $ 339 $1.48 $0.25 5.6X
04 10 Calahoo Petroleum $0.99 -0.03 311,000 $ 309 $1.10 $0.35 2.8X
05 14 Stellarton Energy $2.00 n/c 137,000 $ 276 $2.25 $1.35 1.5X
06 15 Niko Resources $4.05 +0.05 67,000 $ 274 $4.05 $0.35 11.6X
07 16 Burner Exploration $1.50 -0.05 173,000 $ 260 $1.67 $0.33 4.5X
08 17 Probe Exploration $1.37 +.13 186,000 $ 255 $1.39 $0.21 6.5X
09 22 Gronartic Energy $0.22 n/c 944,000 $ 208 $1.72 $0.20 0.1X
10 29 Jerez Energy $1.10 n/c 133,000 $ 147 $1.65 $0.50 2.2X
11 39 Hartwell Petroleums $1.45 n/c 78,000 $ 114 $1.60 $0.42 3.5X
12 40 Eagle Energy $1.16 n/c 95,000 $ 111 $1.65 $0.55 2.1X
13 55 Rider Resources $3.00 n/c 22,000 $ 68 $3.00 $1.00 3.0X
14 57 Epic Energy $1.20 n/c 54,000 $ 65 $1.70 $0.71 1.7X
15 61 Scarlet Exploration $1.00 n/c 61,000 $ 62 $1.18 $0.16 6.3X
There were an additional 10 oil & gas companies listed amongst the 100 highest
$ volume stocks, a toal of 25% of the top 100 being oil & gas companies.
Here's the shocker. Check out the 52 week lows for some of these. Just how
further can some of these go up in price. |
