Puda Coal, Inc (AMEX:PUDA) is amongst the top movers and surged 10.22% to $7.01 on huge volume of 310K shares. Puda Coal, Inc., a supplier of China's high grade metallurgical coking coal used to make coke for the purposes of steel manufacturing, yesterday announced that its subsidiary Shanxi Puda Coal Group Co., Ltd. ("Shanxi Coal") received final approval from the provincial government to consolidate eight coal mines in Shanxi Province. The stock has a 52-week range of $1.12-$8.00.
Paramount Gold and Silver Corp. (AMEX:PZG) jumped up 7.30% and is trading at $1.47 on a very unusual volume of 350K shares after New diamond drilling by Paramount Gold and Silver Corp. ("Paramount Gold") (TSX:PZG)(NYSE:PZG) (FRANKFURT:P6G)(WKN:A0HGKQ) on its San Miguel (Clavo 99) deposit in the Palmarejo District of North Central Mexico confirms: (1) gold grades increase with depth; (2) gold is concentrated in southwest plunging zones; and (3) a significant strike extension which should lead to resource expansion.
Lihua International, Inc. (NYSE:LIWA) is among the active stocks and moved up over 11% on very unusual volume of 250K shares. The stock is currently trading at $9.77. In the last three months the stock has jumped up over 80%. Lihua International, Inc. is a copper clad aluminum (CCA) superfine magnet wire producers in China. The Company operates in the bimetallic wire manufacturing industry. It sells its products in China either directly to manufacturers or through distributors in the wire and cable industries and manufacturers in the consumer electronics, white goods, automotive, utility, telecommunications and specialty cable industries.
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