19 December 2024

Howe Street Reporter Title

Top 5 Gainers and Losers: HSLV.CN, PURR.CN, CEC.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

Adyton Resources (ADY.V)

Market Cap ~ $29 million

Adyton Resources Corporation focuses on the development of gold and copper resources in Papua New Guinea. The company’s flagship project is the Feni Gold project located in New Ireland.

The stock is up 44% on no news. Yesterday, the Company announced it completed a shares for debt transaction to settle C$120,000 of accrued liabilities for directors’ and management fees for the year ended December 31, 2023 by issuing a total of 4,000,000 common shares of the Company at a price of C$0.03 per share to current directors of the Company and the Company’s Chief Executive Officer.

TSXV_DLY:ADY Chart Image by Uncharted-FX

A very strong rally in recent days and a few gaps in between just indicating how bullish the stock is. Resistance comes in at $0.25.

Highlander Silver (HSLV.CN)

Market Cap ~ $41 million

Highlander Silver Corp. engages in acquisition, exploration, and evaluation of mineral properties in Peru. It explores for gold and silver deposits. The company’s flagship property is the La Estrella property in central Peru.

The stock is up 36% on news of a $9.2 million strategic financing by the Lundins, Richard Warke and Eric Sprott. The Offering is comprised of 20,514,222 common shares of the Company at a price $0.45 per share for gross proceeds of $9,231,400.

CSE:HSLV Chart Image by Uncharted-FX

Love the structure here on the stock. We had a reversal pattern confirmed with a breakout last year in November, and the stock is set to confirm its first higher low here if we can force a close above $0.61 by the end of the day. Things look very bullish especially given the big news.

READ  Top 5 Gainers and Losers: THRM.V, AGC.CN, FWZ.V

Panther Minerals (PURR.CN)

Market Cap ~ $2.4 million

Panther Minerals Inc. engages in the acquisition, evaluation, and exploration of mineral properties in Canada. It engages in the exploration of its Mia Li-3 Lithium Property located in James Bay, Quebec.

The stock is up 26% on news it has increased the size of its private placement to up to $2,000,000.

CSE:PURR Chart Image by Uncharted-FX

A potential reversal in play with the basing we have seen. I would like to see a push above the lower high around $0.375 to give more strength to this move. But watch for a breakout!

Canasia Energy (CEC.V)

Market Cap ~ $15 million

CanAsia Energy Corp. operates as a junior oil and gas oil company with operations in Western Canada.

The stock is up 21% on news its wholly owned subsidiary Andora Energy Corporation, is pleased to release the December 31, 2023 Contingent Bitumen Resources Report which is a National Instrument 51-101 compliant resources evaluation for Andora’s oil sands interests at Sawn Lake Alberta, Canada.

TSXV_DLY:CEC Chart Image by Uncharted-FX

A good case for a bottoming and reversal here with a potential double bottom pattern about to trigger. Watch for a strong close above the $0.15 zone today.

Avricore Health (AVCR.V)

Market Cap ~ $15 million

Avricore Health Inc. engages in the health data and point-of-care technologies business in Canada. It provides HealthTab, a turnkey point-of-care testing platform that turns pharmacies into community point-of-care diagnostic centers. The company has strategic partnerships with Shoppers Drug Marts and Abbott.

The stock is up 19% on news of a corporate update and audited results for 2023.

TSXV_DLY:AVCR Chart Image by Uncharted-FX

The stock remains in a range and basing pattern. A close above $0.18 would get the stock ready to go and make a run to recover the broken support at $0.26.

READ  Top 5 stock gainers and losers: LBC.V, BSR.V, BRW.V

Top 5 Losers

UGE International (UGE.V)

Market Cap ~ $19 million

UGE International Ltd. develops, builds, finances, owns, and operates commercial and community solar facilities in Canada, the United States, and the Philippines. It also provides energy storage services; and engineering and consulting services.

The stock is down 24% on news of 2023 financial results.

TSXV_DLY:UGE Chart Image by Uncharted-FX

A breakdown as the downtrend continues. The next support level comes in at $0.50. This is a psychological support level. However, from the charts, $0.40 is a much more strong support area.

EV Minerals (EVM.CN)

Market Cap ~ $2.1 million

EV Minerals Corporation is a mineral exploration company. The company focuses on the acquisition, exploration, and development of a nickel-copper-cobalt property in the province of Quebec. It also has an option agreement to acquire 100% in the Baldwin and Lunge Projects in Ontario.

The stock is down 16% on news it has reported initial assay results from the first seven holes of its inaugural drilling at the EVM Nickel-Copper-Cobalt Project.

CSE:EVM Chart Image by Uncharted-FX

New record lows printed and the downtrend continues. For a reversal, bulls would want to see a recovery back above the $0.04 zone.

Titan Logix Corp (TLA.V)

Market Cap ~ $13 million

Titan Logix Corp. develops, manufactures, and markets technology fluid management solutions in Canada, the United States, and internationally. The company provides mobile liquid measurement solutions, such as pump, valve, and rack control. It also offers mobile monitoring systems and smart truck systems.

The stock is down 14% on no news.

TSXV_DLY:TLA Chart Image by Uncharted-FX

An attempt to breakout above $0.54 has failed and the stock is dropping back to test interim support around the $0.42 zone.

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Treatment Com AI Inc (TRUE.CN)

Market Cap ~ $22 million

Treatment.Com International Inc. provides personalized health care information services in Canada. The company develops a mobile application for symptom assessment of users to address their health concerns, problems, and ongoing wellness management. It also offers a digital health app, an assessment tool which provides insights about health. In addition, the company provides medical education, medical clinic, and clinical advisor solutions; and offers healthcare information resource.

The stock is down 14% on no news.

CSE:TRUE Chart Image by Uncharted-FX

The stock is down and could break below the current higher low here at $0.60. You can see the rolling over aspect of this chart. Support comes in at $0.40.

Trillion Energy (TCF.CN)

Market Cap ~ $17 million

Trillion Energy International Inc. operates as an oil and gas exploration and production company with assets in Turkey and Bulgaria. It owns 49% interests in the SASB natural gas field covering an area of 12,387 hectares; 19.6% ownership interest in the Cendere oil field; and 50% operating interest in the Bakuk gas field located near the Syrian border.

The stock is down 12% on year ended 2023 financial results.

CSE:TCF Chart Image by Uncharted-FX

Not looking good for the stock. It is floating around record low territory. Watch to see if bulls can hammer a bottom here at support.


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