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Micro-Caps of the Day; Dynamic Ventures Corp. (DYNV), Southridge Enterprises Inc. (SRGE), Chimera Energy Corp. (CHMR)

Shares of Dynamic Ventures Corp. (OTC: DYNV), a provider of construction and related services in North America, saw a huge rally in trading today.

DYNV shares ended the day 211.59% higher at $0.0430 on above average volume of 15.75 million. The stock touched an intra-day high of $0.06.

According to a filing made by DYNV last month, the company had total revenue of $4.588 million for the quarter ended June 30, 2012, up from $4.266 million reported for the quarter ended March 31, 2012. DYNV reported an operating loss of $165,000 for the quarter ended June 30, 2012. The company’s net loss for June quarter stood at $514,000.

Shares of Southridge Enterprises Inc. (PINK: SRGE), a U.S.-based mineral exploration company engaged in the acquisition and development of mineral resources in geologically permissible and politically stable areas of the world, soared in trading today.

SRGE shares ended the day 33.33% higher at $0.0032 on above average volume of 152 million. SRGE shares have gained 433.33% in the last three trading sessions.

SRGE shares have been soaring after the company announced that it recorded milestone mineral production and revenue for the fourth quarter and year ended August 31, 2012, from its mill site at Cinco Minas in Jalisco, Mexico.

SRGE said that in fiscal 2012, it processed more than 9,000 tons of ore and posted revenue of $3.14 million.

Shares of Chimera Energy Corp. (OTC: CHMR), a supplier of equipments and components that are used in the exploration and production of oil and gas, rose sharply in trading today.

CHMR shares ended the day 6.06% higher at $0.700 on above average volume of 1.09 million. The stock has gained more than 22% in the last three trading sessions.

CHMR disclosed earlier this week that its President Charles Grob will be travelling to France next month to request consideration of the company’s Non-Hydraulic Extraction system for exception under the country’s current shale ban.

 


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