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Heritage, BTMC, Descartes and Rubicon all hit 52-week highs


Heritage Oil (T.HOC) hit a new 52-week high of $11.05; Heritage has received a takeover approach. Shares in the company were suspended as it announced that it was in "preliminary discussions with a third party". It said the talks centred on a possible merger that would be treated as a reverse takeover. Likely candidates include a large oil company, such as BP or Shell, although other possible contenders include Tullow Oil and Chinese state players such as CNOOC.

BMTC Group (T.GBT.A) hit a new 52-week high of $21.00; no major news announcements today

Descartes Systems Group (T.DSG) hit a new 52-week high of $4.45; no major news announcements today

Rubicon Minerals (T. RMX) hit a new 52-week high of $2.87; no major news announcements today