Top 5 stock gainers and losers: VPT.V, VSR.V, WEED.TO

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

Clearmind Medicine (CMND.CN)

Market Cap ~ $5.2 million

Clearmind Medicine Inc., a pre-clinical pharmaceutical company, develops novel psychedelic medicines to treat under-served health problems in Canada and internationally. It develops treatments for alcohol use disorders, binge drinking and eating disorders, as well as depression, binge eating, psychotherapy, mental health issues, and other binge behaviors. The company has a collaboration with Clearmind Medicine Inc. to conduct a study evaluating the companies combination treatment for obesity and metabolic syndrome.

The stock is up 64% on news that the Company achieved positive results in addiction treatment for its revolutionary treatment targeting cocaine addiction.

A basing pattern and now news to possibly get a breakout trigger. Watch for a daily close above $8.50 for the breakout trigger. Next target would be the $14.00 zone.

Vanstar Mining (VSR.V)

Market Cap ~ $36 million

Vanstar Mining Resources Inc. engages in the acquisition, exploration, valuation, and development of mining properties in Canada. The company primarily explores for gold deposits. Its flagship property is the Nelligan property that includes 158 cells covering an area of approximately 8,216 hectares located near Chibougamau, Quebec.

The stock is up 38% on news of a friendly acquisition of IAMGOLD.

A major breakout with the gap up pop on this news. $0.48 is major support going forward, and the next resistance zone comes in around $0.75.

Bocana Resources (BOCA.V)

Market Cap ~ $5.6 million

Bocana Resources Corp., a mineral exploration company, focuses on the acquisition, exploration, and development of mineral properties in South America. The company primarily explores for gold and silver deposits. It holds interest in the Escala area concessions covering an area of 4,000 hectares located at the Department of Potosi, Sud Lipez Province, Bolivia.

The stock is up 37% on news of additional details on the selected core samples that were recently delivered for assay analysis. These core samples were collected from the successfully completed diamond drilling campaign at the Company’s Escala Project in Southwest Bolivia.

Another chart for the bottom picker reversal traders. We have structure of a reversal pattern here and a daily candle close above $0.06 gets this going. Keep an eye on this chart.

VentriPoint Diagnostics (VPT.V)

Market Cap ~ $39 million

Ventripoint Diagnostics Ltd., a medical device company, engages in the development and commercialization of diagnostic tools that monitor patients with heart disease worldwide. The company offers Ventripoint Medical System (VMS), a medical imaging system that is used to generate three-dimensional models with critical volume and functional measurements of a patient’s heart chambers; VMS+ software for use in creating three-dimensional model that generates accurate heart volumetric measurements. It also develops a suite of applications for various heart diseases and imaging modalities, including congenital heart disease, pulmonary hypertension, cardiotoxicity of chemotherapy treatments for cancer, and Covid-19 related heart issues.

The stock is up 19% on news that the Ollie Hinkle Heart Foundation (OHHF), has selected Ventripoint’s AI-powered heart-imaging technology as one of three artificial intelligence systems it will be presenting to U.S. hospitals.

The stock is in a new uptrend as can see by the shift of the slope of the chart. The recent higher low comes in at $0.17. There is some resistance here around the psychologically important $0.25 zone.

Pan Global Resources (PGZ.V)

Market Cap ~ $41 million

Pan Global Resources Inc., a mineral exploration company, engages in the exploration and evaluation of mineral properties in Spain. The company explores for lead, zinc, silver, gold, tin, cobalt, and copper deposits. It holds 100% interest in the Aguilas project, which comprises nine investigation permits that covers an area of approximately 16,300 hectares, as well as additional mineral rights applications covering an area of approximately 2,803 hectares. located in the provinces of Cordoba and Ciudad Real, Spain; and a 100% interest in the Escacena Project covering an area of approximately 5,700 hectares situated in southern Spain.

The stock is up 18% on no news.

Some experienced technical traders can see the pattern. It looks like a double bottom reversal pattern is forming. A close above $0.21 triggers the pattern.

Top 5 Losers

Triumph Gold (TIG.V)

Market Cap ~ $14 million

Triumph Gold Corp., a junior natural resource company, engages in the acquisition, exploration, and development of mineral properties. The company explores for gold, silver, copper, and molybdenum. Its flagship project is the Freegold Mountain project located in Yukon, Canada.

The stock is down 20% on no news.

A sell off at the resistance zone at $0.40. There is some support upcoming at $0.28 and investors should watch this zone to see if buyers will jump in.

Sendero Resources (SEND.V)

Market Cap ~ $17 million

Sendero Resources Corp., through its subsidiary, operates as an exploration company in Argentina. It primarily explores for copper and gold. The company holds a 100% interest in the Peñas Negras project, it exhibits close geological similarities to neighboring deposits covering an area of 120 square kilometers located in Vicuna district of Argentina.

The stock is down 13% on no news.

A retreat after printing new all time record highs. Support comes in at $0.25.

Canopy Growth (WEED.TO)

Market Cap ~ $738 million

Canopy Growth Corporation, together with its subsidiaries, engages in the production, distribution, and sale of cannabis and hemp-based products for recreational and medical purposes primarily in Canada, the United States, and Germany. It operates through two segments, Global Cannabis and Other Consumer Products. The company’s products include dried cannabis flower, extracts and concentrates, beverages, gummies, and vapes.

The stock is down 11% on no news.

The stock attempted to breakout above the $1.00 zone but no luck. We are now seeing this major psychological zone act as resistance.

Vista Gold (VGZ.TO)

Market Cap ~ $61 million

Vista Gold Corp., together with its subsidiaries, engages in the evaluation, acquisition, exploration, and advancement of gold exploration and development projects primarily in Australia. The company’s flagship asset is the 100% owned Mt Todd gold project located in Northern Territory, Australia.

The stock is down 12% on no news.

Looks more to be profit taking and a retracement back to support at $0.50. If we close below this then there would be some worry. The trend is actually down, but the stock has made an attempt to reverse.

Homerun Resources (HMR.V)

Market Cap ~ $27 million

Homerun Resources Inc. engages in the exploration and development of mineral properties in Canada. The company has an option to acquire a 100% interest in the Tatooine Silica project that covers an area of approximately 3,019 hectares located in Brisco, British Columbia; and the Homathko gold project that covers an area of 30,970 hectares located in the Caribou regional district of British Columbia.

The stock is down 12% on no news.