19 December 2024

Howe Street Reporter Title

Top 5 Stock Market Gainers and Losers: LGC.V, AMQ.CN, SXTY.CN


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

Lavras Gold (LGC.V)

Market Cap ~ $94 million

Lavras Gold Corp. engages in the exploration and development of mineral resource properties in Brazil. It holds interests in the Lavras do Sul, an advanced exploration gold project with 29 mineral rights covering approximately 22,000 hectares located in Rio Grande do Sul, Brazil.

The stock is up 14% on no news. Yesterday, the Company announced it intersected 1.4 g/t Gold over 236 metres from surface at the Butia Gold Deposit.

TSXV_DLY:LGC Chart Image by Uncharted-FX

The stock is making a good run to break above resistance. New record highs have been printed, and now bulls want to see a candle close above $1.80 for a record close.

Abitibi Metals (AMQ.CN)

Market Cap ~ $41 million

Abitibi Metals Corp. engages in the acquisition, exploration, and development of base and precious metal properties in Canada. The company primarily explores for gold deposits. Its flagship project is the 100% owned Beschefer project located in Quebec.

The stock is up 13% on no news.

CSE:AMQ Chart Image by Uncharted-FX

The stock is making a pop after ranging at $0.32. However, a close above $0.40 is what bulls want to see. There has been a major break below support, and this move above $0.40 would reclaim support and trigger a false breakdown.

Sixty North Gold Mining (SXTY.CN)

Market Cap ~ $5.1 million

Sixty North Gold Mining Ltd. engages in the acquisition, exploration, and development of natural resource properties in Canada. The company primarily explores for gold. It holds 100% interest in the Mon Property that includes 11 contiguous mining leases and 1 mineral claims comprising an area of approximately 1,536.92 acres located in Yellowknife, the Northwest Territories. The company holds an option agreement to acquire 100% interest in the Hangstone Property, including nine mineral claims consists of an area of approximately 2,102 hectares located in the mining district, the Northwest Territories.

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The stock is up 32% on no news. Two days ago, the Company announced it has commenced mining.

CSE:SXTY Chart Image by Uncharted-FX

We have a nice looking cup and handle reversal pattern triggering. Today’s candle is breaking above the handle part of this pattern. Bulls should watch for a daily close above $0.165.

Treatment Com AI Inc (TRUE.CN)

Market Cap ~ $28 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 up 23% on no news.

CSE:TRUE Chart Image by Uncharted-FX

Some choppy action but the stock has been popping in recent days. A huge spike on June 24th 2024, and the stock is now looking to break above resistance. Watch for a close above the $0.75 zone.

UniDoc Health (UDOC.CN)

Market Cap ~ $21 million

Unidoc Health Corp. operates as a healthcare services company in Canada. It offers Virtual eHealth Clinics, which connects patients in urban, rural, and remote locations with medical care. The company’s solutions include kiosks and self-test centers, remote lab testers, self-check in and testing with AI powered assistant, automatic pharma dispensing machines, and doctor and hospital networks.

The stock is up 17% on no news. Yesterday, the Company announced it is expanding its presence in Europe.

CSE:UDOC Chart Image by Uncharted-FX

New all time record highs have been printed today. Watch for a close above $0.75 for further momentum. The next zone is the psychological $1.00 zone.

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Top 5 Losers

Canter Resources (CRC.CN)

Market Cap ~ $11 million

Canter Resources Corp. focuses on the exploration for and development of base and precious mineral resources in Canada. It has an option to acquire a 60% interest in the Schotts Lake property consists of 12 MARS mineral claims covering an area of 2,160 hectares located to the northwest of Flin Flon, Manitoba.

The stock is down 12% on no news.

CSE:CRC Chart Image by Uncharted-FX

The stock is ranging between $0.32 and $0.195. The stock is testing the bottom support zone currently. A close below sets a move to fill the gap to $0.12.

Goodness Growth Holdings (GDNS.CN)

Market Cap ~ $89 million

Goodness Growth Holdings, Inc. operates as a cannabis company in the United States. The company cultivates, manufactures, processes, and distributes medical and adult-use cannabis products. It sells cannabis products through its network of Green Goods and other Goodness Growth branded retail dispensaries and third-party dispensaries in Maryland, Minnesota, and New York.

The stock is down 11% on no news.

CSE:GDNS Chart Image by Uncharted-FX

The stock recently bounced at support at $0.55. This remains a major zone for the stock. A close below $0.55 would add more bearish momentum, but currently, the retest holds.

Cielo Waster Solutions (CMC.V)

Market Cap ~ $27 million

Cielo Waste Solutions Corp. operates as a waste-to-fuel environmental technology company in Canada. It converts and transforms waste feedstocks, including organic material and wood derivative waste into fuel, such as diesel, naphtha, and kerosene.

The stock is down 11% on no news.

TSXV_DLY:CMC Chart Image by Uncharted-FX

The stock remains in a range and has been most of the year. Support at $0.25 is being tested currently.

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MustGrow Biologics (MGRO.V)

Market Cap ~ $39 million

MustGrow Biologics Corp., an agricultural biotechnology company, focuses on development and commercialization of natural biological technologies and products from mustard seeds. It provides Biocontrol technology platform to treat soil-borne diseases and pests for various crops, including fruit, vegetables, and others; treat unwanted plant growth for use in organic agriculture, and home and garden markets, as well as agriculture markets where glyphosate has been banned; and suppress sprouting, and treat disease and pathogen for storage and food preservation markets.

The stock is down 10% on no news.

TSXV_DLY:MGRO Chart Image by Uncharted-FX

The stock is near major support at $0.72. A break below would send the stock down to the $0.50 zone. A candle close below $0.80 is likely to take us lower.

Copper Fox Metals (CUU.V)

Market Cap ~ $142 million

Copper Fox Metals Inc. engages in the exploration and development of copper mineral properties in Canada and the United States. The company holds interest in the Schaft Creek copper-gold-molybdenum-silver project located in northwestern British Columbia. It also holds interest in the Eaglehead porphyry copper project located in the Liard Mining District of British Columbia; Van Dyke, an advanced stage in-situ copper recovery project located in the Globe-Miami Mining District, Arizona; Sombrero Butte project located in the northeast of Tucson, Arizona; and Mineral Mountain copper project, which is located in Florence, Arizona.

The stock is down 10% on no news.

TSXV_DLY:CUU Chart Image by Uncharted-FX

After a huge pop, the stock pulled back on profit taking and retested support at $0.225. This support is being held, and printed an engulfing candle recently. Watch for a close above the $0.35 zone for further momentum higher.


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