Top 5 stock gainers and losers: BEV.C, ACQ.TO, TORQ.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

BevCanna Enterprises (BEV.C)

Market Cap ~ $12 million

BevCanna Enterprises Inc. manufactures and sells cannabis beverage products and bottled water in Canada and the United States. It develops and manufactures a range of alkaline, mineralized, and cannabinoid beverages and supplements for in-house brands and white-label clients under TRACE brand name, as well as natural health products, that includes nutraceutical and hemp-based cannabis products through e-commerce platform.

The stock is up 150% on no news.

After printing record lows at $0.02, the stock is gapping higher and could take out the $0.06 lower high zone.

Falcon Gold (FG.V)

Market Cap ~ $5.8 million

Falcon Gold Corp. engages in the acquisition and exploration of mineral properties in the Americas. It explores for gold, silver, and base metal deposits. Its flagship project is the Central Canada Gold Mine that consists of 117 claims located in North Ontario.

The stock is up 50% on no news.

The stock appears to be in the early stages of a cup and handle pattern. A strong reversal pattern. The trigger will be a close above $0.05.

Frontier Lithium (FL.V)

Market Cap ~ $255 million

Frontier Lithium Inc. engages in the acquisition, exploration, and development of mining properties in North America. Its flagship property includes the PAK Lithium project, which covers approximately 27,069 hectares comprising three mining leases and 1,258 contiguous mining claims located in northwestern Ontario, Canada. The company also holds interest in Spark Pegmatite project located in southeastern Ontario, Canada; and Pennock Pegmatite located in northwest Ontario, Canada; and Bolt Pegmatite located in Ontario, Canada.

The stock is up 21% on no news.

The stock is bouncing at $0.70 and has continued its move higher. The stock is has regained the $1.00 zone. A major psychological zone. Watch for the close above $1.00.

Cryptostar Corp (CSTR.V)

Market Cap ~ $15 million

CryptoStar Corp., together with its subsidiaries, engages in cryptocurrency mining operations with data centers in Canada and the United States. The company operates through three segments: Self-Mining, Hosting, and Miner Sales. It operates in the distributed ledger technology space by utilizing specialized equipment to perform computationally intensive cryptographic operations to validate transactions on the Blockchain, as well as receives digital currencies primarily Bitcoin and Ethereum.

The stock is up 16% on no news.

The stock is within its range. The resistance comes in at $0.05.

SunOpta (SOY.TO)

Market Cap ~ $725 million

SunOpta Inc. engages in manufacture and sale of plant-based and fruit-based food and beverage products to retailers, foodservice operators, branded food companies, and food manufacturers in the United States, Canada, and internationally. The company operates through Plant-Based Foods and Beverages, and Fruit-Based Foods and Beverages segments. The Plant-Based Foods and Beverages segment provides plant-based beverages, and liquid and powder ingredients that utilizes almond, soy, coconut, rice, oat, hemp, and other bases, as well as broths, teas, and nutritional beverages. The Fruit-Based Foods and Beverages segment offers individually quick frozen (IQF) fruits, such as strawberries, mangoes, blueberries, pineapples, blends, and other berries for retail; and IQF and bulk frozen fruits, including purées, toppings, and smoothies for foodservice, and custom fruit preparations for industrial use.

The stock is up 14% on mixed Q3 results.

The stock is in the process of a new uptrend with today’s close set to confirm a higher low. However, there is a major gap here that must be filled.

Top 5 Losers

PlasCred Circular (PLAS.C)

Market Cap ~ $35.9 million

PlasCred Inc. engages in recycling of plastic and waste plastic.

The stock is down 35% on no news.

A major drop and the stock is now testing a major support zone.

Quebec Nickel Corp (QNI.C)

Market Cap ~ $1.73 million

Québec Nickel Corp. engages in the acquisition, exploration, and development of mineral resource properties. The company explores for nickel, copper, and platinum group element deposits. It holds 100% in the Ducros property that comprises 282 contiguous mining claims covering an area of 15,261 hectares located in the Val d’Or area of Quebec, Canada.

The stock is down 25% on no news.

The stock is ranging near $0.01. The resistance comes in at $0.03.

AutoCanada Inc (ACQ.TO)

Market Cap ~ $521 million

AutoCanada Inc., through its subsidiaries, operates franchised automobile dealerships. The company offers a range of automotive products and services, including new and used vehicles, vehicle leasing, vehicle parts, vehicle maintenance and collision repair services, extended service contracts, and vehicle protection, after-market products, and auction services. It also arranges financing and insurance for vehicle purchases by its customers through third-party finance and insurance sources.

The stock is down 17% on Q3 results.

Revenue was $1,657.4 million as compared to $1,623.9 million in the prior year, an increase of 2.1%
Net income for the period was $22.8 million versus $32.9 million in the prior year, a decrease of (30.6)%
Diluted earnings per share was $0.81, a decrease of $(0.35) from $1.16 in the prior year
Adjusted EBITDA¹ was $66.7 million versus $76.4 million in the prior year, a decrease of $(9.7) million

The stock is breaking the support zone of $23. A close below this zone would mean a new downtrend.

Bemetals Corp (BMET.V)

Market Cap ~ $16 million

BeMetals Corp. engages in the exploration and development of precious and base metal properties. The company has an option agreement to acquire approximately 72% interest in the Pangeni copper project located in Zambia. It also holds interest in the Kazan Gold Project located in Japan.

The stock is down 18% on no news.

A major support being tested. A close below would trigger a major breakdown.

Torq Resources (TORQ.V)

Market Cap ~ $25 million

Torq Resources Inc., a junior exploration company, engages in the acquisition and exploration of mineral properties in the Americas. It has an option to acquire 100% interests in the Margarita iron oxide-copper-gold project covering an area of approximately 1,445 hectares located in the city of Copiapo, Chile; Santa Cecilia gold-copper project, which covers an area of 3,250-hectares located in Chile; and Andrea copper porphyry project that covers an area of 1,200 hectares located in northern Chile.

The stock is down 16% on no news, but yesterday the Company announced a “best efforts” public offering for the sale of a minimum of 16,000,000 units of the Company to a maximum of 24,000,000 Units at a price of C$0.25 per Unit for minimum gross proceeds of C$ 4,000,000 to a maximum of C$6,000,000.