In this summary report, we will take a quick look at the top 5 gainers and losers up or down double digits on the Canadian stock markets.
Here is a summary of the intraday action of assets:
Top 5 Gainers
Freeport Resources (FRI.V)
Market Cap ~ $4.7 million
Freeport Resources Inc., a junior mineral exploration company, engages in the exploration and evaluation of mineral properties in Papua New Guinea. The company holds a flagship property Yandera copper project located in Papua New Guinea.
The stock is up 100% on news of a 2 year license renewal for the Yandera Copper Project, one of the world’s largest undeveloped copper projects.
A trendline is breaking with today’s news. This would be a strong candle close if the daily candle closes like this. Resistance comes in at $0.07.
Rush Rare Metals (RSH.CN)
Market Cap ~ $3.7 million
Rush Rare Metals Corp., a mineral exploration company, explores for rare earth elements and uranium deposits. The company focuses on its Boxi Property located in Québec, Canada. It also owns the Copper Mountain Uranium Project located in Wyoming, the United States.
The stock is up 42% on news of a private placement and general update.
Not much price action that we can work with. Resistance comes in at $0.12 and support at $0.035.
Voxtur Analytics (VXTR.V)
Market Cap ~ $74 million
Voxtur Analytics Corp. operates as a real estate technology company. It provides ReboGateWay Pro, a live format for automatic property updates and alerts on changes within farms/lists; Title Toolbox, a tool that provides property data in a live format for automatic property updates and alerts; and Investor Toolbox, an access to all property and farming tools.
The stock is up 23% on no news.
The stock is testing resistance around the $0.10 zone. Watch for a strong close to nullify the recent breakdown. A close above $0.12 gets this one running.
American Creek Resources (AMK.V)
Market Cap ~ $60 million
American Creek Resources Ltd., a junior exploration company, engages in the acquisition, exploration, and development of mineral properties. The company explores for gold and silver deposits. It holds 100% interest in the Austruck-Bonanza project located in Kamloops, British Columbia; and 20% interest in the Treaty Creek project located in the Skeena Mining District of northern British Columbia.
The stock is up 22% on no news. Yesterday, the Company announced its JV partner, Tudor Gold, announced an updated mineral resource.
The stock could be putting in a double bottom pattern. Watch for a close above $0.15 for a trigger and breakout.
Go Metals (GOCO.CN)
Market Cap ~ $3.3 million
Go Metals Corp., an exploration stage company, engages in the acquisition and exploration of mining properties in Canada. The company explores for nickel, copper, cobalt, gold, and PGE deposits. Its flagship project is the HSP property that consists of approximately 400 square kilometer land package located in north of Havre-Saint Pierre, Quebec, including Clyde and 98 properties.
The stock is up 18% on no news.
A very good looking chart as I discussed in yesterday’s piece. The close above $0.125 takes out recent highs and this stock will be a runner.
Top 5 Losers
Cryptobox Technologies (BLOX.CN)
Market Cap ~ $10 million
Cryptoblox Technologies Inc. focuses on developing and implementing blockchain products and services for use in financial services, battery technology and electric vehicle, phone and computer applications, and cryptocurrency sectors. It provides services for application programming interface with regards to operator look-up, customer look-up, IP information, and customer friendly user experience.
The stock is down 20% on no news.
The stock is about to pullback and retest the breakout zone at $0.08. Watch to see if buyers step in on the retest.
Blockchain2 Corp (BITK.V)
BlockchainK2 Corp. engages in investing in blockchain technology solutions for capital markets and other sectors. The company operates Amplify gaming platform, a blockchain-powered service that manages the sales and promotion of video games; and iRecover Coin App to implement the findings and principles of behaviorism, social neurodevelopment, and behavioral economics in a blockchain-based application to support individuals recovering from addiction.
The stock is down 17% on no news.
Many of the crypto stocks are pulling back and buyers could step in on the pullback. The support comes in around the $0.22 zone.
Carlyle Commodities (CCC.CN)
Market Cap ~ $2.3 million
Carlyle Commodities Corp. engages in the acquisition, exploration, and development of mineral resource properties in Canada and Mexico. It primarily explores for gold and silver deposits. The company holds 100% interests in the Newton gold-silver project properties located in the Clinton Mining division of British Columbia; and the Owl Lake property located in the Hemlo Schreiber Greenstone Belt, Ontario. It also has an option to acquire 100% interests in the Sunset mining property that consists of four mineral claims located in British Columbia; and the Cecilia gold-silver project situated in Sonora, Mexico.
The stock is down 16% on news of its most recent diamond drill program at the Newton Gold & Silver Project.
The stock is making new all time record lows. The stock will need to close back above $0.08 to turn things around.
Defi Technologies (DEFI.NEO)
Market Cap ~ $158 million
DeFi Technologies Inc., a technology company, engages in the development and listing of Exchange Traded Products (ETPs). The company’s ETPs provide investment vehicles, indirect exposure to underlying cryptocurrencies, digital asset indexes, and other decentralized finance instruments. It also participates in decentralized blockchain networks by processing data transactions that contribute to network security and stability, governance, and transaction validation. In addition, the company invests in decentralized finance companies that seeks to operate as an alternative to the traditional financial system; and DeFi Infrastructure that offers node management of decentralized protocols to support governance, security, and transaction validation for their networks.
The stock is down 15% on no news. Yesterday, the Company announced that its subsidiary Valour Inc. has launched its physical backed staking ETP for the ICP token.
The stock is ranging around the $0.75 zone. The higher low comes in at $0.55. A close below this would see a deeper pullback to $0.40.
Quantum Battery Metals (QBAT.CN)
Market Cap ~ $5.1 million
Quantum Battery Metals Corp. engages in identifying, exploring, and developing mineral properties. The company’s principal properties include the Albanel lithium property covering an area of approximately 2,751 hectares; the Kelso property, which covers an area of approximately 1,005 hectares; the Rose West lithium project covering an area of approximately 1,695 hectares; and the Lac Mistumis Lithium project covering an area of approximately 2,750 hectares situated in Quebec, Canada.
The stock is down 15% on no news.
The stock looks like it will confirm a record close with price dropping below the support. The lower high comes in at $0.21 and this is the level which needs to break to turn things around.
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