Two Best Canadian Stocks: Golden Star Resources Ltd. (USA) (GSS), Canadian Pacific Railway Limited (USA) (CP)


Golden Star Resources Ltd. (USA)(NYSEMKT:GSS)

Stock’s Trading Stats:

Golden Star Resources Ltd. (USA)(NYSEMKT:GSS) surged4.04% Fridayand closed at $0.494. The company’s market capitalization is at $270.11Million with an average trading volume of 2.67Million. The total number of Outstanding Shares Held by the company are 259.90Million.

Recent Press Release:

Golden Star Resources Ltd. (USA) (NYSEMKT:GSS) operates as a gold mining and exploration company. The company owns and operates the Wassa open-pit gold mine, the Wassa underground development project, and a carbon-in-leach processing plant located approximately 35 kilometers from the town of Tarkwa, Ghana; and Bogoso gold mining and processing operation located near the town of Prestea, Ghana. It also has a 90% interest in the Prestea Underground mine in Ghana; and holds interests in various gold exploration projects in Ghana and other parts of West Africa, and in South America, as well as holds and manages exploration properties in Brazil. The company was founded in 1984 and is headquartered in Toronto, Canada.

Canadian Pacific Railway Limited (USA)(NYSE:CP)

Stock’s Trading Stats:

Canadian Pacific Railway Limited (USA)(NYSE:CP) closed at $134.79 Friday by showing aincrease of 3.67%. The total number of outstanding shares held by the company are 153.02Millionwith the total market capitalization of $21.42 billion. The number of shares traded on the last trading session are 845,600.00shares.

Recent Press Release:

Canadian Pacific Railway Limited (USA) (NYSE:CP) released a white paper detailing how the precision railroading philosophy – which has been used successfully to elevate CP from industry laggard to leader over the last four years – would transform Norfolk Southern Corp. (NS) and eventually build a leading transcontinental railway in North America.

“Politicians, shippers and others are calling for a strong, healthy and high performing rail system yet no one has the stomach to challenge the status quo,” CP CEO E. Hunter Harrison said. “Clearly, moving goods reliably and efficiently is top of mind for everyone in the industry; we believe precision railroading and a CP-NS combination address those challenges.”

Precision railroading has enabled CP to lower its operating ratio dramatically, improve service, reinvest record amounts in its network and in the communities it serves, and create significant shareholder value in a very short time.

CP looks forward to the U.S. Surface Transportation Board’s (STB) decision on its petition for a declaratory order confirming the viability of the proposed voting trust structure, an option CP has proposed as the fastest way for NS shareholders to receive consideration for their shares.