2 July 2024

Howe Street Reporter Title
Santa Claus rally plods along 12-21-23

Santa Claus rally plods along 12-21-23


The TSX Composite Index ranged but remains positive at 20744.04 in afternoon trading, S&P/TSX Venture Index kept its strength at 546.18 in that same period and CSE Composite Index slid slightly to 156.65. The Santa Claus rally, although muted seems to continue.

Dow Jones      37735.11    723.99 (-2.0%)
Nasdaq            15282.01    1160.19 (-7.000000000000001%)
TSX                  21642.87    467.23 (-2.0%)
TSX Gold         312.68    2.58 (-1.0%)
Comex Gold    2315.8    58.3 (-2.0%)
CAD/USD        0.73   0.0 0.0
Bitcoin USD   42657.07    85.24 (-0.0%)

iFabric Corp (IFA.T) climbed 19% to hit $1.25 on no news. The company released quarterly financials at the beginning of November with revenues rising 10% or $1,899,753 to $21,642,761 in 2023 compared to $19,743,008 in 2022. Fremont Gold (FRE.V) saw positive action, jumping over 54% to $0.085 per share. The company announced selling its Nevada lithium assets at the end of November. Getchell Gold Corp (GTCH.C) popped 40% to $0.14. The junior miner announced plans to upgrade the Mineral Resource Estimate at the Fondaway Canyon gold project in Nevada two weeks ago.

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