TransGlobe Energy Corporation (T.TGL) hit a new 52-week high of $8.25; TransGlobe Energy Corporation provided a mid-quarter production and operations update for the second quarter of 2010. All dollar values are expressed in United States dollars unless otherwise stated.
Production: The company is on target for 2010 guidance of 10,000 to 10,500 barrels of oil per day ("Bopd") (mid-point: 10,250 Bopd); May production was 9,658 Bopd (7,053 Bopd Egypt; 2,605 Bopd Yemen); and April production was 9,205 Bopd (6,577 Bopd Egypt; 2,628 Bopd Yemen).
Funds flow from operations: On target for $70.0 million ($1.06/share), assuming mid-point of production guidance and $65.00/Bbl Dated Brent oil price for balance of the year; Would increase to $78.0 million ($1.18/share) using $75.00/Bbl Dated Brent oil price for the balance of the year; and would decrease to $64.0 million ($0.97/share) using $55.00/Bbl Dated Brent oil price for the balance of the year.
DALSA Corporation (T.DSA) hit a new 52-week high of $11.94; DALSA Corporation a world-leading semiconductor and MEMS foundry, will feature its latest advancements in MEMS fabrication along with its innovative HV ASIC design capabilities at Sensors Expo in Rosemont, IL, June 7 - 9, booth #615. Sensors Expo is the leading forum on sensing technologies and solutions in North America.
Front Street Strategic Yield Fund Ltd. (T.FSS.A) hit a new 52-week high of $9.80; no news announcements today
SEMAFO INC. (T.SMF) hit a new 52-week high of $7.72; no news announcements today
Gildan Activewear Inc. (T.GIL) hit a new 52-week high of $32.90; no news announcements today
Technicoil Corporation (T.TEC) hit a new 52-week high of 85 cents; no news announcements today
TeraGo Inc. (T.TGO) hit a new 52-week high of $5.99; no news announcements today
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