Canada Hot Stocks: Barrick, Golds, TSO3


Among the companies whose shares are making notable moves in Friday's session are Barrick Gold Corp. (ABX), Goldcorp Inc. (GG), Kinross Gold Corp. (KGC), Eldorado Gold Corp. (EGO) and TSO3 Inc. (TOS.T).



Barrick Gold (C$44.93, -C$4.49, -9.1%) said the U.S. Court of Appeals has granted a temporary injunction on construction of the Cortez Hills project in Nevada. Barrick is evaluating its legal options. Gold also fell below $1,200 Friday for the first time in two days on strong jobs data, which is also putting pressure on other gold stocks such as Goldcorp (C$42.59, -C$2.56, -5.8%), Kinross (C$21.44, -C$1.21, -5.4%) and Eldorado (C$13.89, -C$0.73, -5.0%).



TSO3 (C$1.59, C$0.17, 12%) received U.S. FDA clearance to expand the intended use claims for its Sterizone 125L sterilizer.





Among the companies whose shares are making notable moves in Friday's session are Royal Bank of Canada (RY) and Golden Star Resources Ltd. (GSS).



Despite Royal Bank's (C$55.99, -C$1.49, -2.6%) better-than-expected quarterly results, rival banks had already raised investor expectations of strong results, causing its share price to decline.



Golden Star (C$3.90, -C$0.55, -12%) has priced an offering of 20 million shares at $3.75 each, to raise a total of $75 million.


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