EdgeWater 10/22/2010 12:28:21 AM
News / Business

Small Cap Gold Stocks in Focus (KBX, BRD, RIC)

Small Cap Gold Stocks in Focus

Kimber Resources, Inc. (AMEX:KBX) added 2.83% to $1.09. Kimber Resources Inc. is a Canada-based exploration-stage company, engaged in the acquisition, exploration and development of mineral resource properties.

At current market price, the market capitalization of the company stands at $73.46 million.

Brigus Gold Corp. (AMEX:BRD) went up 0.63% to $1.60. Earlier this week, the company announced that it has completed the offering of 34,500,000 units and 3,382,353 common shares designated as flow-through common shares for purposes of the Income Tax Act at a price of CAD1.50 per Unit and CAD1.70 per Flow-Through Share, for gross proceeds to the Company of CAD57,500,000.

Over the past 52-week, the stock had traded within the range of $1.05-$2.30.

Richmont Mines Inc. (USA) (AMEX:RIC) slid 0.61% to $4.92. Richmont Mines Inc. is engaged in the acquisition, exploration, operation, financing and development of mineral properties. As of December 31, 2009, the Company operated two gold mines, which included Beaufor Mine in Quebec and Island Gold Mine in Ontario.

Over the past 52-week, the stock traded within the range of $2.65-$5.48.

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