AMEX Stocks: Energy Companies on the Move (CXZ, HDY, SOQ, URZ, CAK)

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Crosshair Exploration & Mining Corp. (AMEX: CXZ) traded on heavy volume sending sending shares to a new 52-week high. Share volume traded increased to 1.28M compared to average volume of 267K. Shares are up 26.86% to $2.22. Will CXZ trade higher? Stay tuned.

Hyderdynamics Corp. (AMEX: HDY) continued trading on momentum with share volume increasing to 2.72M compared to average of 956K. Shares are currently trading at a new 52-week high. Shares are up 11.83% to $4.82. Will HDY break new highs? Stay tuned.

Sonde Resources Corp. (AMEX: SOQ) entered an agreement to sell interesting in Block5(c) in Trinidad and Tobago to Niko Resources for $87.54M. Shares are up 11.00% to $3.33. What’s in store for SOQ? Stay tuned.

Uranerz Energy Corp. (AMEX: URZ) rebounded from previous day’s close and continued to trade higher. Shares are up 4.74% to $3.32. Will URZ continue the momentum? Stay tuned,

CAMAC Energy Inc. (AMEX: CAK) entered a definitive agreement to sell registered direct offering to raise $20M. Shares are down 21.59% to $2.07. Will CAK rebound? Stay tuned.


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