19 December 2024

Howe Street Reporter Title

Top 5 stock gainers and losers: QTWO.V, RUSH.V, LGC.V


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

Carolina Rush (RUSH.V)

Market Cap ~ $8.8 million

Carolina Rush Corporation, a junior exploration company, engages in acquiring, exploring, and developing mineral properties in Canada. The company explores for gold and copper deposits. It holds interest in the Brewer gold project that covers an area of 1,000 acres located in Chesterfield County, South Carolina; and the right to acquire 100% interest in the Jefferson gold project that consists of 12 leases covering an area of 1,731 acres located in South Carolina. The company also holds an option to acquire the New Sawyer gold project that consists of 609 acres; and the Sawyer gold project covering an area of 135 acres located in Randolph County, South Carolina.

The stock is up 140% on news of reporting assay results from the core hole B23C-021, the first follow-up drill hole at the Tanyard Breccia. 

TSXV_DLY:RUSH Chart Image by Uncharted-FX

Technical traders should keep this stock on watch. A potential double bottom reversal pattern can be triggered with a daily close above $0.25. Just keep in mind the large pop will likely result to profit taking and we are seeing some now.

Q2 Metals (QTWO.V)

Market Cap ~ $39 million

Q2 Metals Corp. operates as a mineral exploration company. It focuses on advancing exploration of its flagship Mia Lithium Property that covers 8,668-ha located in the Eeyou Istchee James Bay Territory of Quebec, Canada. The company also owns the Stellar Lithium Property with 77 claims totaling 3,972-ha located north of its Mia Lithium Property. In addition, it explores the prospective Big Hill and Titan gold projects covering approximately 110 square kilometers in the Talgai Goldfields of the broader Warwick-Texas District of Queensland, Australia.

The stock is up 113% on news it will acquire 100% of the large scale cisco lithium property located in James Bay, Quebec.

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TSXV_DLY:QTWO Chart Image by Uncharted-FX

A nice gap up confirming a range breakout. The stock could even fill the gap with a daily close above $0.38. Resistance comes in at $0.63 but watch for the $0.50 zone.

Bitcoin Well (BTCW.V)

Market Cap ~ $39 million

Bitcoin Well Inc. acquires, owns, and operates cryptocurrency ATM machines in Canada. It provides online and in-person solutions to buy and sell bitcoin and other cryptocurrencies. The company also operates non-custodial Online Portal to buy, sell, and use bitcoin online.

The stock is up 39% on news that the Company has launched a customer loyalty program alongside the bitcoin jackpot contest and partnership with simply bitcoin.

TSXV_DLY:BTCW Chart Image by Uncharted-FX

The stock is continuing its run as bitcoin moves higher. The stock is not pulling back and is taking out even more resistance levels out. Watch for some profit taking.

Cryptobox Technologies (BLOX.CN)

Market Cap ~ $18 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 up 36% on no news.

CSE:BLOX Chart Image by Uncharted-FX

We have a nice market structure with multiple higher lows now confirmed. Resistance comes in at the $0.25 zone.

Biomind Labs (BMND.NE)

Market Cap ~ $31.9 million

Biomind Labs Inc., a biotech research and development company, focuses on developing novel pharmaceutical drugs and nanotech delivery systems for various psychiatric and neurological conditions. The company is developing BMND01, which is in Phase II clinical trials for use in the treatment of depression; and BMND08, a 5-Methoxy-N,N-dimethyltryptamine based candidate that is in Phase II clinical trials for treatment of depression and anxiety in patients with Alzheimer’s-type cognitive impairment. It is also developing new and preclinical drug candidates, including BMND02 for treating fibromyalgia, BMND03 for treating addictive disorders, BMND05 for treating chronic pain, BMND06 for treating inflammatory disorders, and BMND07 for treating major depressive disorder.

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The stock is up 327% on news of unprecedented positive results of a phase 2 clinical trial of BMND08 for depression and anxiety in Alzheimer’s disease.

NEO:BMND Chart Image by Uncharted-FX

The stock is in a downtrend but now this news could be turning things around. A major pop and the downtrend appears to be nullified. The stock is building support at $0.125.

Top 5 Losers

BZAM Ltd (BZAM.CN)

Market Cap ~ $4 million

BZAM Ltd. operates as a cannabis producer with a focus on branded consumer goods. Its brands include the BZAM, TGOD, ness, Highly Dutch Organic, and TABLE TOP, as well as Dunn Cannabis, FRESH, and Wyld partner brands. The company operate facilities in British Columbia, Alberta, Ontario, and Quebec, as well as retail stores in Winnipeg, Manitoba and Regina, Saskatchewan.

The stock is down 84% on news it has obtained creditor protection to pursue restructuring and sales process.

CSE:BZAM Chart Image by Uncharted-FX

New all time lows for the stock. Obviously it is dealing with some major fundamental stuff. Investors will have to see what the restructuring leads to.

Golden Minerals (AUMN.TO)

Market Cap ~ $6 million

Golden Minerals Company, a precious metals exploration company explores for mineral properties. It explores for gold, silver, copper, zinc, lead, and other minerals. The company holds a 100% interest in the Rodeo gold mine situated in Durango State, Mexico; and a 100% interest in the Velardeña and Chicago gold-silver mining properties and associated oxide and sulfide processing plants located in the State of Durango, Mexico. It also holds a 100% interest in the El Quevar advanced exploration silver property situated in the province of Salta, Argentina; Yoquivo property situated in Chihuahua State, Mexico; Sarita Este gold-copper property situated in the province of Salta, Argentina; and diversified portfolio of precious metals and other mineral exploration properties located in Argentina, Nevada, and Mexico.

The stock is down 40% on news the Company is stopping mining operations at its Velardena Properties.

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TSX_DLY:AUMN Chart Image by Uncharted-FX

New record lows for the stock. In order to reverse things, the stock needs to recover above the $0.55 zone.

Golden Shield Resources (GSRI.CN)

Market Cap ~ $5 million

Golden Shield Resources Inc. engages in the acquisition, exploration, and development of mineral properties in Guyana. The company explores for gold deposit. Its 100% owned flagship project is the Marudi Mountain Project that covers an area of 5,457 hectares located in southwestern Guyana.

The stock is down 23% on news of assay results at its Pancake Creek Project.

CSE:GSRI Chart Image by Uncharted-FX

New record lows for the stock. It needs to take out the $0.12 zone to take out the current lower high and start a new trend.

Lavras Gold (LGC.V)

Market Cap ~ $40 million

Lavras Gold Corp. operates as a junior exploration company in southern Brazil. It engages in the exploration and development of the Lavras do Sul gold project covering an area of approximately 22,000 hectares located in Rio Grande do Sul, Brazil.

The stock is down 23% on news of the results from six new drill holes testing the Fazenda do Posto gold discovery, located at the western edge of the LDS project in southern Brazil.

TSXV_DLY:LGC Chart Image by Uncharted-FX

The stock has been in a range for quite some time and now the major support is being tested. A close below $0.78 would be a major breakdown and result in a move lower to the $0.50 zone.

NurExone Biologic (NRX.V)

Market Cap ~ $34 million

NurExone Biologic Inc., a pharmaceutical technology company. It engages in the development of an off-the-shelf, non-invasive, and novel treatment for the reversal or reduction of paralysis following spinal cord injury using membrane-bound extracellular vesicles technology, as well as to treat brain trauma injury, and other brain and neurological indications.

The stock is down 22% on no news.

TSXV_DLY:NRX Chart Image by Uncharted-FX

The stock is gapping down lower likely as profits are being taken. The major higher low comes in at the $0.45 zone.


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