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Some stocks showing exceptional market activity today include:
Santo Mining (SANP) is up $0.11 or 12%, trading at $1.00 on increasing volume of well over 1.2 Million shares. Santo has broken the $1.00 resistance level and has been trending higher for several consecutive days, and has had a strong move today. This action follows news that Elpidio Moronta has joined the Company as full-time exploration field geologist. He is a seasoned vet in the region, having previously worked at Pueblo Viejo and Cerro de Maimon, which straddle the Santo Mining claim. Complete news can be read http://finance.yahoo.com/news/seasoned-geologist-elpidio-moronta-joins-133000936.html.
Santo Mining is an aggressive junior minerals exploration and development company, based in the Dominican Republic. The Company is actively pursuing the acquisition and exploration of precious metals properties, and has secured 6 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.
Yamana Gold, Inc. (AUY) is up $0.18 or 1% trading at $19.42 today with over 5 million shares exchanging hands. Average daily volume (3 months) is just under 6 Million shares per day. Today's action comes on the heels of a strong move by Gold. Yamana Gold Inc. engages in the exploration, development, and production of mineral properties, primarily gold. It also explores for copper, molybdenum, zinc, and silver metals. The company's property portfolio includes seven operating gold mines, including Chapada mine, Jacobina mining complex, and Fazenda Brasileiro mine in Brazil; El Peñón mine and Minera Florida mine in Chile; Gualcamayo mine in Argentina; and Mercedes mine in Mexico. It also has a 12.5% indirect interest in the Alumbrera copper/gold/molybdenum mine in Argentina, as well as holds interests in various advanced and near development stage projects and exploration properties in Brazil, Chile, and Argentina.
Bank of America Corporation (BAC) is up $0.03 or 0.26% trading at $9.49 this morning with over 94 million shares trading hands. BAC has traded nearly its average daily volume in anticipation of earnings season. Bank of America Corporation, through its subsidiaries, provides various banking and financial products and services to individual consumers, small-and middle-market businesses, institutional investors, corporations, and governments in the United States and internationally. The company's Deposits segment provides traditional savings accounts, money market savings accounts, CDs and IRAs, and noninterest-and interest-bearing checking accounts, as well as investment accounts and products. Its Card Services segment issues credit and debit cards in the United States providing a range of lending products, including co-branded and affinity products.
Riverbed Technology, Inc. (RVBD) is up $2.38 or 11.5% trading at $23.07 with over 12 million shares traded. RVBD is trading up on a solid earnings report. Riverbed Technology, Inc. provides solutions to the fundamental problems associated with information technology performance across wide area networks (WANs) in the United States and internationally. It primarily offers Steelhead products, which enable its customers to improve the performance of their applications and access to their data across WANs, as well as supports the riverbed services platform.
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