19 December 2024

Howe Street Reporter Title

Top 5 stock gainers and losers: NINE.CN, PLSR.V, VG.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

Pulsar Helium (PLSR.V)

Market Cap ~ $153 million

Pulsar Helium Inc. engages in the acquisition, exploration, and development of helium properties in the United States and Greenland. Its flagship project is the Topaz Project covering an area of 3,132 acres and located in Lake County, Minnesota.

The stock is up 52% on no news.

TSXV_DLY:PLSR Chart Image by Uncharted-FX

In parabolic mode. The stock continues its run after breaking out above $0.50. Four days ago the Company confirmed helium was encountered at the Topaz helium project in Minnesota.

Nine Mile Metals (NINE.CN)

Market Cap ~ $8.3 million

Nine Mile Metals Ltd. engages in the acquisition, development, and exploration of mineral properties. The company holds interests in Black Point Property located in Eureka County, Nevada. It also holds interest in the Nine Mile Brook and the Canoe Landing Lake West mining projects located in New Brunswick, Canada.

The stock is up 41% on news it has drilled a mineralized zone covering 134.0m in WD-24-02 at its initial Phase 1 drill program on its Wedge VMS Project in the world-famous Bathurst Mining Camp, New Brunswick.

CSE:NINE Chart Image by Uncharted-FX

The stock is breaking out above the $0.09 resistance on this news. Resistance comes in at $0.18. The stock could pullback to retest the $0.09 zone before continuing higher.

Goldshore Resources (GSHR.V)

Market Cap ~ $32 million

Goldshore Resources Inc., a junior gold development company, engages in the acquisition, exploration, and evaluation of natural resource properties in Canada. It owns the Moss Lake gold project located in Ontario.

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The stock is up 33% on no news.

TSXV_DLY:GSHR Chart Image by Uncharted-FX

The stock is gapping up even above a resistance zone of $0.11. Watch for a daily close above this price zone to confirm a breakout. The next resistance comes in at $0.16.

GMV Minerals (GMV.V)

Market Cap ~ $17 million

GMV Minerals Inc., an exploration stage company, engages in the sourcing and exploration of mineral properties in the United States. It primarily explores for gold and lithium deposits. The company holds a 100% interest in the Mexican Hat Gold Project that consists of 42 unpatented lode mining claims covering an area of approximately 4,800 acres located in Cochise County, Arizona. It also holds interest in the Daisy Creek Lithium project, consisting of eighty-two lode claims covering an area of 18 square miles and located in Lander County, north-central Nevada.

The stock is up 30% on no news.

TSXV_DLY:GMV Chart Image by Uncharted-FX

The stock is turning and it looks like it is reversing the downtrend. The close above $0.16 will confirm this. We also printed an engulfing candle which was a sign a reversal was on the way.

Bayhorse Silver (BHS.V)

Market Cap ~ $19 million

Bayhorse Silver Inc., a junior natural resource company, engages in the acquisition, exploration, and development of natural resource properties. It explores for silver, gold, zinc, copper, antimony, lead, and other metals. The company holds a 100% interest in the Bayhorse Silver Mine Property located in Baker County, Oregon. It also entered into an option agreement to acquire an 80% interest in the Brandywine project located in British Colombia.

The stock is up 18% on news the Company has received significant Mag VTEM survey results on its Idaho Bayhorse Property.

TSXV_DLY:BHS Chart Image by Uncharted-FX

The stock appears to be ready to continue its uptrend. A flag pattern appears to be triggered and resistance comes in around the $0.08 zone.

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Top 5 Losers

Antibe Therapeutics (ATE.TO)

Market Cap ~ $27 million

Antibe Therapeutics Inc., a biotechnology company, engages in developing novel therapeutics and medical devices in the areas of pain, inflammation and regenerative medicine in Canada, Europe, the United States, and internationally. The company’s pipeline includes therapies that seek to overcome the gastrointestinal (GI) ulcers and bleeding associated with nonsteroidal anti-inflammatory drugs (NSAIDs). Its lead compound is Otenaproxesul, an NSAID that releases hydrogen sulfide for treating post-operative pain, migraine, acute musculoskeletal pain, dysmenorrhea, gout, and dental pain.

The stock is down 44% on an unfavourable decision in arbitration with Nuance Pharma.

TSX_DLY:ATE Chart Image by Uncharted-FX

A large gap down but the stock has seen an influx of buyers on the drop. The stock actually printed record lows with the drop. Watch for a daily close above the $0.45 zone today in order to continue upwards momentum.

Volcanic Gold Mines (VG.V)

Market Cap ~ $9.3 million

Volcanic Gold Mines Inc. engages in the acquisition and exploration of resource properties. The company explores for gold and silver deposits. It holds an option to earn a 60% interest in Holly and Banderas gold-silver properties located in Guatemala.

The stock is down 21% on news of a drilling update at the Mila Gold Discovery in Guatemala.

TSXV_DLY:VG Chart Image by Uncharted-FX

We did have a trendline breakout which has been nullified. This is a bearish sign. However, some support does come in here around the $0.19 zone.

Nubeva Technologies (NBVA.V)

Market Cap ~ $34 million

Nubeva Technologies Ltd. develops and licenses software-based decryption solutions and TLS (SSL) network decryption solutions. It engages in the provision of cloud-based security software and services, as well as professional services.

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The stock is down 18% on news the Company is solely focused on AI driven ransomware reversal after its sale to TLS assets.

TSXV_DLY:NBVA Chart Image by Uncharted-FX

The stock attempted a cup and handle reversal pattern but got rejected at the $0.70 resistance zone. This is why it is important to wait for the close to confirm the breakout. Support comes in at the $0.40 zone.

Granite Creek Copper (GCX.V)

Market Cap ~ $5.6 million

Granite Creek Copper Ltd., an exploration company, engages in the acquisition, exploration, and development of mineral properties. Its flagship project is the Carmacks and Carmacks North copper-gold-silver project covering an area of approximately 17,700 hectares located in Yukon Territory, Canada. In addition, it has an option to acquire a 100% interest in the Star project covering an area of 4,484 hectares situated in Omineca region, British Columbia.

The stock is down 22% on no news.

TSXV_DLY:GCX Chart Image by Uncharted-FX

The stock is just ranging in its consolidation phase. A breakout is what gives the trigger. Currently resistance at $0.045 is holding.

Sassy Gold (SASY.CN)

Market Cap ~ $3.8 million

Sassy Gold Corp., an exploration stage company, identifies, acquires, and explores for precious metal resources in Canada. It explores for gold and uranium deposits. The company holds 100% interests in the Foremore property covering an area of 14,585 hectares located in the Eskay Creek District of British Columbia; and the Gander properties located in Newfoundland. It also holds an option agreement to acquire 100% interest in the Highrock Uranium property located in Saskatchewan.

The stock is down 16% on no news.

CSE:SASY Chart Image by Uncharted-FX

The stock is rejecting resistance at the $0.06 zone. Watch for a close above this level to trigger a new trend.


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