22 December 2024

Howe Street Reporter Title

Top 5 stock gainers and losers: AE.V, BLOX.CN, NEWS.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

American Eagle (AE.V)

Market Cap ~ $76 million

American Eagle Gold Corp. engages in the acquisition and exploration of gold and copper deposits in North America. Its flagship is the NAK copper-gold property located in British Columbia.

The stock is up 18% on no news.

TSXV_DLY:AE Chart Image by Uncharted-FX

The stock is continuing its uptrend with this breakout into new all time record highs. The higher lows and higher highs continue with the recent higher low coming in at $0.50.

Mawson Gold (MAW.V)

Market Cap ~ $143 million

Mawson Gold Limited operates as a gold exploration company in Finland and Sweden. The company also explores for cobalt, copper, lead, zinc, and silver deposits. Its flagship project is the Rompas-Rajapalot project that consists of 5 granted exploration permits and 8 exploration permit applications located in Finland.

The stock is up 21% on news that its subsidiary has released results from SDDSC107 from the Rising Sun prospect, the best hole drilled to date at Sunday Creek, that returned a spectacularly long and high-grade intersection of gold-antimony mineralization including 1.0 m @ 2,318 g/t Au drilled within 455.3 m @ 7.2 g/t Au from 413.6 m (uncut) at the 100%-owned Sunday Creek Project in Victoria, Australia.

TSXV_DLY:MAW Chart Image by Uncharted-FX

An exciting discovery story and the stock is about to test the $0.50 zone with this breakout. The next resistance comes in at the $0.63 zone.

XORTX Therapeutics (XRTX.V)

Market Cap ~ $11 million

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XORTX Therapeutics Inc., a late stage clinical pharmaceutical company, engages in the development and commercialization of therapies to treat progressive kidney diseases, diabetes, insulin resistance, metabolic syndrome, diabetes, diabetic nephropathy, and infection. It develops XRx-008, a late clinical stage program therapy for autosomal dominant polycystic kidney disease; XRx-101, an uric acid lowering agent used to treat patients infected with the coronavirus COVID-19 infection and acute kidney injury (AKI) associated health consequences; and XRX-225, a program for treatment of type 2 diabetic nephropathy.

The stock is up 35% on no news. Yesterday, the Company announced a finalized $2.7 million private placement.

TSXV_DLY:XRTX Chart Image by Uncharted-FX

Now that is a nice looking chart. The stock recently broke out of a range closing above $5.00. The stock is about to test a key resistance zone around $6.50-$7.00.

Global Helium (HECO.CN)

Market Cap ~ $6.2 million

Global Helium Corp., an exploration stage company, acquires, explores for, develops, and produces helium resources in Canada and United States. The company’s flagship project comprises 35 helium exploration permits located in the helium fairway in southern Saskatchewan. It also focuses on the acquisition of helium properties in Alberta and Montana.

The stock is up 18% on no news.

CSE:HECO Chart Image by Uncharted-FX

A bounce just after the stock recently printed record lows two days ago. This is now a key support zone and buyers are stepping in here trying to stamp a bottom.

Chesapeake Gold (CKG.V)

Market Cap ~ $160 million

Chesapeake Gold Corp., a mineral exploration and evaluation company, focuses on acquisition, evaluation, and development of gold-silver deposits in North and South America. Its flagship project is the Metates project that includes 12 contiguous mining concessions covering an area of totaling 4,260.7 located in Durango State, Mexico. The company also has a pipeline of satellite exploration properties located near Metates, including the new gold discovery at its Lucy project that comprises 483 hectares. In addition, it owns the Talapoosa gold-silver project in Nevada.

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The stock is up 12% on no news.

TSXV_DLY:CKG Chart Image by Uncharted-FX

The stock is gapping up after recovering over the $2.00 zone. An important resistance comes in at $2.50. The stock could form a triple top, or a breakout.

Top 5 Losers

Cryptoblox Technologies (BLOX.CN)

Market Cap ~ $52 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 28% on no news.

CSE:BLOX Chart Image by Uncharted-FX

Profit taking and a pullback after a major move higher. Support comes in where the gap is located around the $0.40 zone.

New World Solutions (NEWS.CN)

Market Cap ~ $5.8 million

New World Solutions Inc. operates as a technology company. It provides exposure to various areas of decentralized finance to shareholders.

The stock is down 35% on no news.

CSE:NEWS Chart Image by Uncharted-FX

The crypto charts have the same looking structure. A pullback and profit taking with the gap support coming in at $0.055.

Pulsar Helium (PLSR.V)

Market Cap ~ $122 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 down 27% on no news.

TSXV_DLY:PLSR Chart Image by Uncharted-FX

Profit taking as the stock printed all time record highs. So far, we have an engulfing candle being printed pointing to heavy profit taking. But there is gap support going down to the $1.00 zone.

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NurExone Biologic (NRX.V)

Market Cap ~ $43 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 28% on no news.

TSXV_DLY:NRX Chart Image by Uncharted-FX

The stock is down in a range here. The higher low comes in at $0.45 so technically, the stock can make a higher low. Just wait for a breakout.

Toggle3D.ai (TGGL.CN)

Market Cap ~ $9.5 million

Toggle3D.ai Inc. provides generative AI CAD-3D design studio software. The company offers SaaS solution that utilizes generative AI to convert CAD files, apply 4K texturing, and enable publishing of 4K 3D models. It serves designers, artists, marketers, and eCommerce owners.

The stock is down 23.1% on news it has established a new business unit with its parent Company Nextech3D.ai, to target the Jewelry Industry with 3D Models, Blockchain Technology, and NFTs.

CSE:TGGL Chart Image by Uncharted-FX

Mentioned this chart in a recent Top Stocks post where I highlighted the range breakout and a resistance test at $0.50. The stock can see buyers step in on the retest of the $0.25 zone.


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