Top 5 stock gainers and losers: ADZ.V, LR.V, FARM.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

Adamera Minerals (ADZ.V)

Market Cap ~ $12 million

Adamera Minerals Corp., an exploration stage company, acquires and explores for precious metals. The company primarily explores for silver, gold, copper, lead, and zinc deposits. It owns interests in the Cooke Mountain, Empire Creek, Flag Hill, Buckhorn, and Talisman properties located in Washington, the United States; and Hedley property located in British Columbia, Canada.

The stock is up 66% on no news. On November 16th 2023, the Company announced that two drill holes have been completed on the VTEM-30 target on the Buckhorn 2.0 Gold Project in Washington State.

The stock has bounced from $0.02 and may be starting a new trend. Watch for a daily close above $0.055 to confirm this.

Quebec Nickel Corp (QNI.C)

Market Cap ~ $2.3 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 up 33% on no news.

Just a bump near support. The stock did breakout of the $0.025 zone and the pullback saw the stock break back below. This could just be another pop which would lead to a range.

Luminex Resources (LR.V)

Market Cap ~ $37 million

Luminex Resources Corp. engages in the acquisition, exploration, and development of mineral resources in Ecuador. It explores for gold, silver, copper, molybdenum, and other metal deposits. The company holds interest in the Condor project that consists of nine mineral concessions covering an area of approximately 9,897 hectares located in the Zamora Chinchipe province in southeastern Ecuador. It also holds interests in various properties, such as Escondida, Santa Elena, Cascas, La Canela, Orquideas, Quimi, Tarqui, Tres Picachos, and Pegasus A&B that covers an area of approximately 99,497 hectares located in Ecuador.

The stock is up 26% on news of an agreement which would see Adventus and Luminex merge to create a growth focused copper-gold company in Ecuador.

After printing record lows at $0.16, the stock has gapped up on this news. $0.23 is resistance and we are seeing the stock react close to this zone.

Bragg Gaming Group (BRAG.TO)

Market Cap ~ $168 million

Bragg Gaming Group Inc. operates as an online gaming and content supplier to the gaming industry worldwide. The company offers a range of games, including slot, table, card, video bingo, scratch card, and virtual sports, as well as live dealer games. It also provides content services from iGaming platform and turnkey gaming solution; and proprietary third-party gaming content, which delivers through a single integrated platform. In addition, the company operates Player Account Management platform under iCasino and sportsbook brands. It holds various content distribution rights through partnerships with selected third-party studios.

The stock is up 18% on no news.

The stock is in bullish mode. A higher low is looking to form. A close and breakout above $7.70 sees this stock continue the uptrend.

Nevada Lithium Resources (NVLH.C)

Market Cap ~ $53 million

Nevada Lithium Resources Inc., a mineral exploration company, engages in acquiring, exploring, and evaluating of mineral properties. The company primarily explores for lithium deposits. It holds a 100% interest in the Bonnie Claire project located in the Nye County, Nevada.

The stock is up 19% on no news. Two days ago, the Company announced drill results at the Bonnie Claire Project which significantly extended high-grade mineralization.

The stock has broken out above the $0.22 zone and resistance is coming in at $0.26.

Top 5 Losers

NorthStar Gaming Holdings (BET.V)

Market Cap ~ $9 million

NorthStar Gaming Holdings Inc., through its subsidiaries, operates an online betting platform in Canada. It own’s and operates NorthStar Bets, a casino and sportsbook gaming platform with pre-live and live markets with monthly sports betting markets, and slot, live, table and jackpot casino games including slot games, blackjack, roulette, and baccarat.

The stock is down 31% on no news. A week ago, the Company announced triple digit growth in wagers and revenue in Q3 2023.

The stock has printed new all time record lows. One for bottom pickers, but evidence of selling pressure exhaustion must be seen first.

Deveron Corp (FARM.V)

Market Cap ~ $24 million

Deveron Corp. provides data collection and analytics services to the agricultural industry in Canada and the United States. It offers data acquisition services and data analytics based on digital recommendations and data interpretations. The company provides data collection services, including data collection for soil sampling, drone data, etc. It also offers services in the areas of fertility sampling, agronomic insights, lab sciences, carbon, soil health, and field imagery.

The stock is down 29% after reporting Q1 2024 financial results.

Another stock printing new record lows. The lower high comes in at $0.22.

Scotch Creek Ventures (SCV.C)

Market Cap ~ $3.1 million

Scotch Creek Ventures Inc. engages in the acquisition, exploration, and development of mineral properties in the United States. The company holds a 100% interest in the Cupz property comprising 39 unpatented lode mining claims covering an area of approximately 806 acres located in Esmeralda County, Nevada. It also holds interest in the Highlands West project that 318 placer claims covering an area of 6,360 acres located on the southwest side of Clayton Valley, Nevada; the Macallan East project that consists of 267 placer claims covering an area of 5,340 acres located on the southeast side of southern Clayton Valley, Nevada; and the Miranda lithium project comprising 268 placer claims covering an area of 5,360 acres located in Jackson Valley, Nevada.

The stock is down 27% on no news.

A drop taking place within a range. Likely just a range bound price action response. A close above $0.09 triggers the breakout.

Libero Copper and Gold (LBC.V)

Market Cap ~ $3.1 million

Libero Copper & Gold Corporation engages in the acquisition, exploration, and development of mineral properties in Canada, the United States, Argentina, and Colombia. It explores for copper and gold deposits. The company owns 100% interest in the Mocoa porphyry copper-molybdenum deposit located in the Eastern Cordillera of Colombia. It also has an option to acquire a 100% interest in the Big Red porphyry copper-gold property comprising 20 contiguous claims covering an area of 26,000 hectares in northwestern British Columbia; and a 70% interest in the Esperanza Porphyry gold-copper project located in San Juan, Argentina. In addition, it has an option to acquire Tomichi porphyry copper-molybdenum deposit located in the Colorado; and the Big Bulk Porphyry Gold-Copper property located in British Columbia, Canada.

The stock is down 16% after announcing a rights offering to holders of its common shares at the close of business on the record date of December 1, 2023. The offering will be for 123,074,103 common shares to raise gross proceeds of C$2,461,482. The Rights Offering is being undertaken to provide funds for exploration, working capital and general corporate purposes.

The stock has dropped down to the bottom portion of support. A base is being built here but the stock requires a catalyst to trigger the breakout and momentum.

Terra Balcanica Resources (TERA.C)

Market Cap ~ $3.3 million

Terra Balcanica Resources Corp. engages in the identification, evaluation, and acquisition of mineral property assets. The company explores for gold, silver, copper, lead, and zinc deposits. It holds 90% interest in the Viogor-Zanik Project located in eastern Bosnia and Herzegovina; and a 100% interest in the Kaludra and Ceovishte mineral exploration licenses in Serbia.

The stock is down 12% on no news.