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
Northstar Gold Corp (NSG.C)
Market Cap ~ $3.4 million
Northstar Gold Corp. engages in the identification, evaluation, and exploration of mineral properties in Canada. The company explores for gold. Its flagship property is the Miller Gold property covering an area of 1,100 hectares located to the southeast of Kirkland Lake, Ontario. The company also holds 100% interest in Bryce Gold property covering an area of 4,650 hectares situated in Northeastern Ontario; Milestone Cu-Ni-Co property covering 615 hectares located in Strathcona Township; Rosegrove property covering 1,200 with 19 contiguous mining claims; and an option agreement to acquire 100% interest in the Searles property located to southeast of Kirkland Lake, Ontario.
The stock is up 28% on news the Company has drilled 14.8% Copper over 2.45 metres at the Historic Cam Copper Mine.
A very intriguing pattern here for bottom pickers. The stock is basing and appears to be setting up for a double bottom reversal pattern. To trigger the pattern, price would need to close above $0.07.
Blue Sky Uranium (BSK.V)
Market Cap ~ $18 million
Blue Sky Uranium Corp., a junior uranium exploration company, acquires, explores for, and evaluates natural resource properties in Argentina. The company primarily explores for uranium and vanadium deposits. Its flagship project is the Amarillo Grande project located in central Rio Negro province, in the Patagonia region of southern Argentina.
The stock is up 16% on no news.
One that looks similar to the chart pattern above. Basing and a potential double bottom in play. The breakout trigger comes in with a close above $0.10.
Abitibi Metals Corp (AMQ.C)
Market Cap ~ $17 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 17% on news of the unveiling of a 2024 exploration strategy for the high grade B26 deposit.
A strong uptrend with the stock finding resistance at the $0.28 zone. A daily body close above this level by the end of the day would confirm another higher low and momentum would continue higher.
Benton Resources (BEX.V)
Market Cap ~ $32 million
Benton Resources Inc. engages in the acquisition, exploration, and development of mineral properties. It explores for gold, silver, nickel, copper, platinum group elements, lithium, and cesium assets.
The stock is up 14% on news it is exercising its Initial Earn-In Right to acquire a 16.35% voting and participating interest in Killick Lithium Inc.
The stock has been in a strong uptrend after breaking out above $0.06 from a cup and handle bottoming pattern. The uptrend remains intact with higher lows and higher highs.
Resaas Services (RSS.V)
Market Cap ~ $28 million
RESAAS Services Inc. engages in the development of web and mobile communications software for the real estate industry. The company offers a suite of tools, which integrate with the platform, including a global referral network, lead generation engine, listing management, client engagement modules, customer relationship management tools, analytics, file sharing, payment system, and advertising engine. Its solutions include RealTimeMLS, a real-time listing solution and communication platform designed for real estate associations and multiple listing services (MLSs); and BrokerOS, an online communication hub that ensures agents open, read, and respond to the emails and messages sent to them by users. The company serves MLSs, franchises, and real estate brokerage and real estate agents in the real estate industry.
The stock is up 12% on no news.
A bounce within a range with the stock holding above the $0.28 support. A close above $0.40 is required for a breakout trigger.
Top 5 Losers
Libero Copper and Gold (LBC.V)
Market Cap ~ $2.5 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 20% on no news. Yesterday, the Company announced it will be conducting 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 stock has printed new all time record lows here at $0.02. The $0.025 zone is the current resistance zone.
Ximen Mining Corp (XIM.V)
Market Cap ~ $6 million
Ximen Mining Corp. engages in the acquisition, exploration, and evaluation of mineral properties in Canada. It primarily explores for gold, silver, lead, zinc, and molybdenum deposits. The company owns a 100% interest in its precious metal projects, including the Amelia Gold Mine, Kenville Gold Mine, and the Brett Epithermal Gold Project located in southern British Columbia. It also owns a 100% interest in the Treasure Mountain Silver Project located in southern British Columbia.
The stock is down 20% on news of a proposed share consolidation.
The stock is dropping but is heading to test a very important support zone. This is where one would expect buyers to jump in.
Alaska Energy Metals (AEMC.V)
Market Cap ~ $23 million
Alaska Energy Metals Corporation engages in the acquisition and exploration of mineral properties in the United States and Mexico. It explores for gold, silver, nickel, copper, cobalt, and platinum. The company has an option to acquire a 100% in the Canwell property, located in the Fairbanks Recording district, Alaska. It also owns Apex El Nido, 64North Gold, Treasure Creek, Ester Dome, and Liberty Bell projects located in Alaska, as well as El Batamote, San Javier, and El Picacho projects located in Mexico.
The stock is down 16% on no news.
A big drop and the stock is heading to test key support at $0.42.
Opus One Gold (OOR.V)
Market Cap ~ $3.9 million
Opus One Gold Corporation engages in the acquisition, exploration, and evaluation of mineral properties primarily in Canada. It explores for gold and base metals. The company holds 100% interests in the Northern Abitibi project that consists of Vezza Extension, Vezza North, and Bachelor Extension properties located in the Abitibi region of Quebec; and the Courville project situated in Courville Township, Quebec. It has an option to acquire 100% interests in the Noyell property situated in the Northern Abitibi Greenstone Belt, Quebec.
The stock is down 16% on no news.
An interesting set up given the recent trendline breakout. Thus, this move is currently a correction move in a potential new uptrend.
NorthStar Gaming Holdings (BET.V)
Market Cap ~ $8.2 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 16% 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. Watch for consolidation to signify the end of the selling pressure.
