GTE, HBM out with news and new 52-week peaks


Gran Tierra Energy Inc. (T.GTE) hit a new 52-week high of $8.62 Monday; Gran a company focused on oil and gas exploration and production in South America, today announced it has entered into an agreement to farm into Global Energy Development PLC Block 95 in Peru's Marañon Basin. Pursuant to the terms of the agreement, Gran Tierra Energy will acquire a 60% working interest and operatorship in Block 95.

HudBay Minerals Inc. (T.HBM) hit a new 52-week high of $19.08 Monday; HudBay Minerals Inc. today released its production guidance as well as its exploration and capital expenditure budgets for 2011. Contained metal production in concentrate in 2011 is expected to be similar to 2010 because reduced production at Trout Lake is expected to be offset by a full year of production at Chisel North and higher production and copper grades at the 777 mine.

First Quantum Minerals Ltd. (T.FM) hit a new 52-week high of $120.54 Monday; no news announcements today

Domtar (Canada) Paper Inc. (T.UFX) hit a new 52-week high of $85.69 Monday; no news announcements today

Kirkland Lake Gold Inc. (T.KGI) hit a new 52-week high of $15.50 Monday; no news announcements today

Mandalay Resources Corporation (T.MND) hit a new 52-week high of 45.5 cents Monday; no news announcements today

Sino-Forest Corporation (T.TRE) hit a new 52-week high of $23.88 Monday; no news announcements today

FirstService Corporation (T.FSV) hit a new 52-week high of $28.92 Monday; no news announcements today

Canaccord Financial Inc. (T.CF) hit a new 52-week high of $14.09 Monday; no news announcements today

Transcontinental Inc. (T.TCL.A) hit a new 52-week high of $16.54 Monday; no news announcements today

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