Top 5 stock gainers and losers: HMR.V, APGO.V, MTB.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

Apollo Silver (APGO.V)

Market Cap ~ $25 million

Apollo Silver Corp. engages in the exploration and development of silver properties in the United States. The company holds interests in the Waterloo property that includes 27 fee simple land parcels covering an area of 1,352 acres and 21 unpatented lode mining claims covering an area of 418 acres; and the Langtry property that consist of 20 patented claims covering an area of 413 acres and 38 unpatented lode mining claims covering an area of 767 acres located in the Mojave Desert of San Bernardino county, California.

The stock is up 20% on no news.

The stock has shifted from a downtrend to an uptrend. The close above $0.10 confirmed this. With today’s pop, we are forming a higher low and seeing buyers jump in on the correction. There is some resistance at $0.16, but a strong daily candle close above this zone would be important.

Geomega Resources (GMA.V)

Market Cap ~ $33 million

Geomega Resources Inc. engages in the acquisition, evaluation, and exploration of mining properties in Canada. The company primarily explores for rare earth elements and niobium deposits. It owns a 100% interest in the Montviel property comprising 106 mining claims covering an area of approximately 5,889 hectares located 100 km north of Lebel-surQuévillon and 45 km west of the Cree First Nation of Waswanipi.

The stock is up 15% on an insider filing report:

Very strong price action today. The stock gapped up as the stock has been in an uptrend. A breakout above $0.23 is major. Watch for a daily close above this price level.

Abitibi Metals (AMQ.CN)

Market Cap ~ $30 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 10% on no news, but is one of the trending tickers of the day.

After a major pop the stock is now ranging between $0.35 support and the major psychological zone of $0.50. A close above $0.50 is what would get the uptrend to continue. Until then, the stock could range here as profits are taken.

G2 Goldfields (GTWO.V)

Market Cap ~ $121 million

G2 Goldfields Inc. engages in the acquisition and exploration of gold deposits in Guiana. It primarily holds 100% interests in the properties located in the Oko Aremu District and Puruni District, Guyana.

The stock is up 10% on no news.

The stock recently broke below support at $0.70 and a downtrend has begun. Today, the stock is rising in a corrective move and is now testing the gap. If the stock can close and fill this gap then the bullish momentum will take over.

First Phosphate Group (PHOS.CN)

Market Cap ~ $22 million

First Phosphate Corp., a mineral development company, engages in extracting and purifying phosphate for the production of cathode active material for the lithium iron phosphate battery industry. It is involved in acquiring and exploring igneous rock phosphate mineral properties. The company holds approximately 1,500 square kilometers of land claims in the Saguenay-Lac-St-Jean Region of Quebec, Canada.

The stock is up 9% on no news. Yesterday, the Company announced a MOU with Ultion Technologies for the purchase of a non-exclusive, perpetual license to technology for the production of lithium iron phosphate (“LFP”) and lithium iron manganese phosphate (“LFMP”) cathode active material (“CAM”).

This is one for the market structure traders. We are shifting trends. The breakout occurred with a close above $0.40 and the stock has printed a reversal pattern. Watch for resistance around $0.50 before a move to the $0.68 zone.

Top 5 Losers

MTB Metals (MTB.V)

Market Cap ~ $9.6 million

MTB Metals Corp. engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company explores for gold, silver, copper, and other metals. It holds interest in the Barbara and Surprise Creek, Red Cliff, American Creek project, Southmore, Telegraph, and Theia projects.

The stock is down 26% on news of first assays from the first hole of its inaugural drill program at the flagship Telegraph Project.

The stock has fallen to major support. If the stock closes below this support level, then $0.025 is the next zone of support.

Reliq Health Technologies (RHT.V)

Market Cap ~ $65 million

Reliq Health Technologies Inc., a healthcare technology company, develops secure telemedicine and virtual care solutions for the healthcare market. It offers iUGO Care platform, a software as a solution that allows complex patients to receive care in the home.

The stock is down 15% on management changes.

Today’s drop came with a huge gap down. Support is being tested so this is a major inflexion point for the stock.

Core One Labs (COOL.CN)

Market Cap ~ $20 million

Core One Labs Inc. operates as a psychedelic research and development company. The company focuses on providing psychedelic medicines to novel delivery systems and psychedelic assisted psychotherapy; and intends to further develop and apply the technology to psychedelic compounds, such as psilocybin. It also provides natural health products; news dissemination services; financing services; and operates medical clinics, as well as engages in micro cultivation.

The stock is down 11% on no news, but four days ago, the Company announced the signing of an Initial Agreement with Cube Psytech Corp marking a significant step towards exploring the potential sale of biosynthetically produced psilocybin, or the licensing of its proprietary method for biosynthetic psilocybin production technology.

The stock is reversing after printing record lows at $0.20. A new uptrend is still in play so today’s price action can be seen as a corrective move.

American Creek Resources (AMK.V)

Market Cap ~ $51 million

American Creek Resources Ltd., a junior exploration company, engages in the acquisition, exploration, and development of mineral properties. The company explores for gold and silver deposits. It holds 100% interest in the Austruck-Bonanza project located in Kamloops, British Columbia; and 20% interest in the Treaty Creek project located in the Skeena Mining District of northern British Columbia.

The stock is down 14% on no news.

A false breakout? The stock broke above $0.135 before rejecting hard with today’s price action. We could even fill the bullish gap. Just adds more bearishness to the stock.

Homerun Resources (HMR.V)

Market Cap ~ $34 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 13% on news the Company has executed a final agreement with Companhia Baiana de Pesquisa Mineral (“CBPM” and the “CBPM Agreement”) detailing the terms regarding Homerun’s exclusive right to extract high purity silica sand sourced from CBPM’s concessions near Santa Maria Eterna, Belmonte, Bahia, Brazil.