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
Solar Alliance Energy (SOLR.V)
Market Cap ~ $16 million
Solar Alliance Energy Inc., together with its subsidiaries, provides energy solutions. The company primarily focuses on development, engineering, procurement, and construction of commercial and industrial solar projects, and residential solar installations in Tennessee, Kentucky, Illinois, and North/South Carolina. It also offers backup generator, home inspection, commercial generator, renewable radar, utility scale power, commercial electric vehicle charging, and data centers solutions, as well as electric vehicle charger installation services.
The stock is up 50% on news of the Company’s first profitable quarter in its commercial solar history with $975,000 net income in Q3.
A large rally on the fundamental news. The stock will be testing a key resistance zone between $0.06-$0.07.
GR Silver Mining (GRSL.V)
Market Cap ~ $20 million
GR Silver Mining Ltd. engages in the acquisition, exploration, and development of mineral resource properties. The company explores for gold, silver, lead, and zinc deposits in Mexico and the United States.
The stock is up 25% on no news.
The stock recently broke out of a range by breaking above $0.05. A first higher low has been confirmed and the stock is set to test resistance at $0.10.
Juggernaut Exploration (JUGR.V)
Market Cap ~ $9.7 million
Juggernaut Exploration Ltd. engages in the acquiring, exploring, and evaluating mineral resource properties in Canada. It explores for precious and base metal deposits. The company has an option to acquire 100% interest in the Midas property covering an area of approximately 16,671 hectares located in the Skeena Mining District, British Columbia; and the Empire property covering an area of approximately 16,399 hectares located in the Omineca Mining District, British Columbia. It also has an option to earn 100% interest in the Gold Standard property covering an area of approximately 3,961 hectares; and the Gold Star property covering an area of approximately 238 hectares located in the West Central British Columbia.
The stock is up 14% on no news. Yesterday the Company announced the close of a first tranche financing with Crescat Capital and Dr. Quinton Hennigh.
The stock has found support at $0.12 and the upper portion of this range comes in at $0.18. Watch this zone for a breakout.
Q2 Metals (QTWO.V)
Market Cap ~ $34 million
Q2 Metals Corp. engages in the acquisition, exploration, and development of mineral properties. It holds 100% interests in the Big Hill gold project that includes an exploration permit and mining licenses located in Queensland, Australia; and holds 100% interest in the titan gold project covering an area of in Queensland, Australia. It also holds interest in Peregrine Zinc Project located in British Columbia; Coral Zinc Project located in British Columbia; Round Pond Zinc Project located in Great Northern Peninsula of northwest Newfoundland and Labrador; Nevada Rose Precious Metals Property located in Nevada, USA; and Angelo Bell Precious Metals Property located in Nevada, USA.
The stock is up 16% on no news.
Looks to be more of a corrective rally in a downtrend. The stock would need to close above $0.50 to break away from this current downtrend.
Sendero Resources (SEND.V)
Market Cap ~ $18 million
Sendero Resources Corp. operates as an exploration company with focus on mineral potential of the Vicuña district in Argentina. It primarily explores for copper and gold. The company, through its subsidiary, Barton SAS, hold a 100% interest in the Peñas Negras Project encompassing a 120 square kilometers of exploration territory.
The stock is up 12% on no news.
Big news on the way? The stock is testing previous all time record highs. New all time highs are the next target.
Top 5 Losers
Anonymous Intelligence (ANON.C)
Market Cap ~ $1.62 million
Anonymous Intelligence Company Inc. operates as a technology company. It focuses on incorporating various technologies into its current platforms leveraging Web 3.0. technology. The company’s Web 3.0 enables a future where decentralized users and machines interact with data, value, and other counterparties through a substrate of peer-to-peer networks without the need for third parties.
The stock is down 25% on no news.
After breaking down support at $0.04, the stock has made all time record lows. The stock will need to find some base here in order to convince bulls a bounce and reversal is ready.
DIRTT Environmental Solutions (DRT.TO)
Market Cap ~ $36 million
DIRTT Environmental Solutions Ltd. operates as a interior construction company in Canada. Its ICE software provides the industrialized construction system to design, visualize, organize, configure, and install the job. The company offers interior solutions to doors, casework, timber, electrical, networks, access floors, solid, glass, combination, leaf folding, and headwalls. It serves retail, technology, hospitality, manufacturing, energy, healthcare, education, government, military, professional, and financial service sectors.
The stock is down 25% on the announcement of approving a rights offering to its common shareholders for aggregate gross proceeds of CAD $30 million.
The stock is breaking down and is breaking interim support at $0.375. The next support zone comes in at $0.30.
Fathom Nickel (FNI.C)
Market Cap ~ $14 million
Fathom Nickel Inc., a resource exploration and development company, engages in identifying, acquiring, and exploring the base and precious metals for use in electric vehicle and battery markets. The company primarily explores for nickel deposits. Its flagship project is the Albert Lake Project, which consists of 31 mineral claims covering an area of 90,460 hectares located in the La Ronge Mining District of Saskatchewan, Canada.
The stock is down 21% on news the Company has further delineated high-grade nickel with multiple intercepts of 1% to 3.25% at the Gochager Lake Property.
The stock is testing key support here and a breakdown would see the stock drop to the $0.10 zone.
Leocor Gold (LECR.C)
Market Cap ~ $2.7 million
Leocor Gold Inc., an exploration stage company, engages in the acquisition and exploration of mineral properties in Canada. The company holds an option to acquire 100% interest in its flagship target project the Dorset Gold Project consisting of two mineral claims covering an area of 600 hectare located in the Province of Newfoundland and Labrador. It also holds an option to acquire 100% interest in the Robert’s Arm project comprising 12 mineral licences totaling 1706 claims covering an area of 42,650 hectares; the Lemington project comprising 16 mineral licenses totaling 2492 claims covering an area of 62,300 hectares; the Hodge’s Hill project comprising 9 mineral licenses totaling 1562 claims covering an area of 39,050 hectares; and Joe’s Lake project located in Newfoundland. In addition, the company holds an option to acquire 100% interest in the Five Mile Brook project, and Copper Creek project located in Newfoundland and Labrador; and 70% interest in the Star Trek project situated in Gander, Newfoundland.
The stock is down 18% on no news.
The stock continues its downtrend and has formed new all time record lows. Currently, the stock would need to take back the $0.06 zone to reverse.
Golden Shield Resources (GSRI.C)
Market Cap ~ $5.6 million
Golden Shield Resources Inc. engages in the acquisition, exploration, and development of mineral properties in Guyana. It explores for gold deposit. The company’s 100% owned flagship project is the Marudi Mountain Project that covers an area of 5,457 hectares located in southwestern Guyana. It also holds 100% interest in the Arakaka Project covering an area of 17,699 hectares; and the Fish Creek property covering an area of 6,028 hectares situated in the Barama-Waimi District of northwestern Guyana.
The stock is down 13% on no news.
The stock has broken a major support zone at $0.16. Now, it is printing new all time record lows. The stock must regain $0.16 to turn things around.