Zarlink Semiconductor Inc. (T.ZL) hit a 52-week high of $1.32; Zarlink Semiconductor today introduced a reference design with Freescale Semiconductor that simplifies and speeds the development of new equipment for wireless service providers evolving their networks to support bandwidth-intense smartphone applications.
Wireless networks face tremendous capacity pressure as consumers increasingly use smartphones to send and watch video, browse the web, and connect over social media. Most notably, traditional backhaul methods that rely on low data rate leased lines to move traffic from cellular base stations to the network backbone are both expensive to operate and overwhelmed by new bandwidth-hungry communication services.
Petrominerales Ltd. (T.PMG) hit a 52-week high of $25.31; Petrominerales Ltd. provided an update Wednesday on production and exploration activities highlighted by the decision to case Candelilla-2 as a potential oil well and to immediately drill a third well into the Candelilla structure.
The Candelilla-2 well commenced drilling on December 26, 2009 and was drilled to a total vertical depth of 11,740 feet on January 31, 2010. Well logs indicate 88 feet of potential net oil pay in the Lower Sand 3 and 51 feet of potential net oil pay from three separate sands in the Guadalupe formation. The well will be cased and is expected to be on production by mid-February.
American Bonanza Gold Corp. (T.BZA) hit a 52-week high of 22.5 cents; American Bonanza Gold Corp. announced the positive results of its NI43-101 compliant 2010 Feasibility Study at Bonanza's 100% owned Copperstone Gold Mine in Arizona. The Study was prepared to present the results of a comprehensive evaluation of the Copperstone deposit and provide an economic evaluation of future underground mining operations at the past producing Copperstone mine.
The Study indicates Copperstone will be a profitable gold mine with positive economics from the re-activation of mining, pursuing the gold mineralization from the past open pit to the future high grade underground mining. Re-activation of mining at Copperstone remains Bonanza's primary objective.
Celestica Inc. (T.CLS) hit a 52-week high of $11.53; no news announcements today
Cogeco Cable Inc. (T.CCA) hit a 52-week high of $41.63; no news announcements today
Quebecor Inc. Class A (T.QBR.A) hit a 52-week high of $30; no news announcements today
Arsenal Energy Inc. (T.AEI) hit a 52-week high of 97 cents; no news announcements today
Angle Energy Inc. (T.NGL) hit a 52-week high of $8.45; no news announcements today
Constellation Software Inc. (T.CSU) hit a 52-week high of $39.99; no news announcements today
Imris Inc. (T.IM) hit a 52-week high of $6.70; no news announcements today
