20 Jan 11

Petaquilla Minerals (PTQMF) saw their 52-week high of 1.23 set yesterday eclipsed by a 1.34 high on Thursday before shares closed at 1.25 on the day. On Monday the company announced they had closed a $32 million private placement. Shares in the company, which engages in the production, exploration, and development of mineral properties in Panama, are ahead of the 50-day moving average of 1.05 and their 200-day moving average of 0.60.

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