PennyStockWizard.com Exceptional Price Movement & Volume Alerts : Santo Mining Corp. (SANP), Barrick Gold Corp., (ABX), Fonar Corp. (FONR), Sprint Nextel Corp. (S)
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Some stocks showing exceptional market activity today include:
Santo Mining (SANP) is up $0.05 or 3.5%, trading at $1.75 on higher than normal volume of 1.95 million shares. SANP has been trading near session highs, and gaining momentum throughout the morning. This move follows news that SANP has completed a private placement totaling $500,000 to be used for geochemical exploration. Santo Mining is an aggressive junior minerals exploration and development company, based in the Dominican Republic. As announced last week, the Company is actively pursuing the acquisition and exploration of precious metals properties, and has secured 3 claims strategically located in the prolific and highly prospective Hispaniola Gold-Copper Back-Arc area. A detailed description of the Company's activities is available at SantoMining.com.
Barrick Gold Corporation (ABX) is up $0.39 or nearly 1% trading at $42.15 today with just under 4.0 million shares exchanging hands. Average daily volume (3 months) is just under 8.5 million shares per day. Today's action comes on the heels of Chicago Federal Reserve President suggesting that the central bank should keep a loose monetary policy until the unemployment rate dips under 7%. This has led to an increase in gold prices across the board, adding to the recent bullish sentiment on gold. Barrick Gold Corporation engages in the production and sale of gold and copper. The company has a portfolio of 26 operating mines, and exploration and development projects located in North America, South America, the Australia Pacific region, and Africa.
Fonar Corp. (FONR) is up $1.33 or 35% trading at $5.32 today with over 2.2 million shares trading hands. FONR is trading nearly 60x average daily volume on news of record profits for fiscal 2012 and drastic net income increases. FONAR Corporation engages in the research, development, production, marketing, and service of magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human diseases. It provides Upright Multi-positional MRI scanners, which allow patients to be scanned in a weight-bearing condition, such as standing, sitting, or bending in any position that causes symptoms; and FONAR 360 MRI scanner, a diagnostic scanner.
Sprint Nextel Corp. (S) is down $0.24 or 4.2% trading at $5.29 with over 44 million shares traded. Sprint is reacting to news in the telecom industry that carrier T-Mobile is selling off broadcast towers to Crown Castle. Sprint Nextel Corporation, together with its subsidiaries, offers wireless and wireline communications products and services to individual consumers, businesses, government subscribers, and resellers in the United States, Puerto Rico, and the United States Virgin Islands. It operates in two segments, Wireless and Wireline.
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