Minefinders Corp. Ltd. (TSE:MFL) went up 1.83%, to close at $11.15 and its overall traded volume was 1.21M shares in the last trading session. MFL shares were trading within the range of $10.97-$11.37 while its opening price was $11.06. The stock has a 52 week range of $8.51 – $11.95. The market capitalization of the company stands at $889.16M and it has 79.75M outstanding shares.Minefinders Corporation Ltd. (Minefinders) is in the business of exploration for, and development and mining of, precious and base metal properties. Interests in these properties are held directly and indirectly through exploitation and exploration concessions, leases, options and working interests. The Companys properties are located in Mexico and the United States. The Companys principal and only material mineral property interest is the Dolores property, located in Chihuahua, Mexico. The Company also has property interests in Sonora, Mexico (the Sonora Properties). The Sonora Properties include the resource bearing La Bolsa gold and silver deposit, the Real Viejo silver prospect and the Planchas de Plata silver prospect. The Company has other mineral property interests in northern Mexico and in the United States which are in the early exploration-stage.
Torex Gold Resources Inc (TSE:TXG) moved up 9.04%, to close at $2.05 and its overall traded volume was 3.84M shares in the last trading session. TXG opened the day at $1.90, it made an intraday low of $1.90 and an intraday high of $2.05. The stock has a 52 week range of $0.90 – $2.39. TXG’s market capitalization is $708.96M and it has 345.83M outstanding shares.Torex Gold Resources Inc, formerly Gleichen Resources Ltd., is a development-stage company. It is a gold exploration company engaged in the acquisition, exploration and development of mineral property interests. The Company focuses on the Morelos Gold Project. The Morelos Gold Project is an advanced-stage gold exploration property located in the Guerrero Gold Belt in southern Mexico approximately 180 kilometers to the southwest of Mexico City. The project consists of seven mineral concessions covering a total area of approximately 29,000 hectares. During the fiscal year ended September 30, 2010 (fiscal 2010), it mobilized a total of six drills, through the use of two drilling contractors, which include Major Drilling De Mexico S.A. de C.V. and Energold Drilling Corp. On February 24, 2010, the Company, through Desarrollos Mineros San Luis, S.A. de C.V, acquired the remaining 21.2% of the Morelos Gold Project, thereby held a 100% interest.
