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Monday, June 24, 2013

Most popular Canadian stock searches for June 24 - (TSE: LSG.TO), (TSE: ABX.TO)

The most popular stocks searched on Google Finance Canada for June 24 are Lake Shore Gold Corp, and Barrick Gold Corp. These companies may be the most popular because of upcoming earnings, breaking news, extreme price movements, or other attention grabbing activities. Pay attention to these companies as they may have some hype that can create volatility which is great for trading.

Lake Shore Gold Corp. (TSE: LSG): traded higher by 43.75% or $0.07/share to $0.23. In the past year, the shares have traded as low as $0.16 and as high as $1.16. On average, 1670890 shares of LSG.TO exchange hands on a given day and today's volume is recorded at 2492178. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $0.32 area but be careful because the stock may face selling pressure at this level.

Barrick Gold Corp. (TSE: ABX): fell by 4.69% or $-0.83/share to $16.88. In the past year, the shares have traded as low as $16.94 and as high as $42.08. On average, 4741430 shares of ABX.TO exchange hands on a given day and today's volume is recorded at 2510898. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $20.25 area but be careful because the stock may face selling pressure at this level.