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

Flint Corp (FLNT.TO)

Market Cap ~ $6.05 million

Flint Corp. provides upstream, midstream, and downstream production services in Canada and the United States. It operates through Maintenance and Construction Services, and Wear Technology Overlay Services segments. The Maintenance and Construction Services segment offers operational, maintenance, welding, fabrication, machining, construction, and turnaround services to the conventional oil and gas, oil sands, and other industries, as well as abandonment, decommissioning, and reclamation services.

The stock is up 83% on news it has booked new contract awards and renewals that are estimated to generate approximately $244 million in backlog.  Approximately 38% of the work will be executed in 2024 with the balance scheduled for 2025-2029.

A big move and a very important move for the stock. Flint is printing new all time record highs and will remain in a new uptrend as long as it remains above the $0.045 zone.

 

Electric Metals (EML.V)

Market Cap ~ $28.2 million

Electric Metals (USA) Limited engages in the acquisition, exploration, and development of mineral properties in the United States, Canada, and Australia. It primarily explores for silver, gold, and manganese deposits. The company holds a 100% ownership interest in the Corcoran Canyon Silver project comprising 328 contiguous and unpatented mineral claims covering an area of approximately 2,674 hectares located in the Nye County, Nevada; and holds a 100% ownership interest in the Belmont Silver project that consists of 124 unpatented mineral claims covering an area of approximately 1,034.6 hectares located in the Nye County, Nevada.

The stock is up 77% on news it has appointed a new CEO.

Now we have a pattern triggering. A double bottom reversal pattern will be triggered with a daily candle close above $0.16. The next resistance comes in at $0.25.

 

Palladium One Mining (PDM.V)

Market Cap ~ $25 million

Palladium One Mining Inc. explores for and develops mineral resource properties. The company primarily explores for palladium, platinum group elements, gold, copper, cobalt, and nickel. Its flagship property comprises a 100% interest in the Lantinen Koillismaa project located in north-central Finland.

The stock is up 27% on news of initial results from the 2023 drill program on the Tyko I Property, which forms part of the larger Tyko Nickel-Copper Project in Ontario, Canada.

We are seeing a nice pop at major support. There is the potential of a double bottom reversal pattern which requires a close above the $0.085.

 

Desert Gold Ventures (DAU.V)

Market Cap ~ $10.7 million

Desert Gold Ventures Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral resource properties in Mali. The company primarily explores for gold ores. Its flagship project is the Senegal Mali Shear Zone project located in Western Mali.

The stock is up 22% on news it has initiated the PEA to determine the viability of mining oxide and transition mineral resources at its Barani East and Gourbassi West gold deposits.

Another stock bouncing from major support. We are on watch for a double bottom reversal pattern trigger with a close above $0.06 being the confirmation.

 

Simply Better Brands (SBBC.V)

Market Cap ~ $16.6 million

Simply Better Brands Corp. operates omni-channel platform with diversified assets in the plant-based and wellness consumer product categories. The company focuses on plant-based, natural, and clean ingredient space. It focuses on consumer product categories, including CBD products, plant-based food and beverage, and pet care and skin care industries.

The stock is up 21% on news of management and board changes.

A major pop at support. A new uptrend could be starting with a confirmed close above the current lower highs. Resistance comes in around $0.24.

 

Top 5 Losers

Troy Minerals (TROY.CN)

Market Cap ~ $75 million

Troy Minerals Inc., a mineral exploration company, engages in the identification, acquisition, exploration, and evaluation of mineral properties. It holds an option to earn a 100% undivided interest in the Lake Owen property that consists of 91 mineral claims located in the southwest of Laramie, Wyoming; and 75% beneficial interest in the Green Gold property that consists of 12 mineral claims that covers an area of approximately 7,587 hectares located near Prince George, British Columbia. It also holds 100% interest in the Tick Tock property covering an area of approximately 1,065 hectares located within the prolific Golden Triangle region of British Columbia, Canada; and Lac Jaques property.

The stock is down 23% on no news. 

The stock is pulling back after printing new record highs. Some profit taking. Support comes in at $1.25.

 

NICAN Limited (NICN.V)

Market Cap ~ $8.3 million

NiCAN Limited engages in the exploration, development, operation, and financing of mining assets in Canada. The company primarily explores for nickel and copper deposits, as well as by-products of copper, cobalt, and platinum group elements. It holds interest in the Wine project consisting of 24 mineral claims covering an area of 5,666 hectares; and the Pipy project comprised of 20 mineral claims covering an area of 3,913 hectares located within the lake greenstone belt of Manitoba.

The stock is down 7% on no news. Yesterday the Company reported assays results from its Phase III drilling program on the Wine Property located in the Snow Lake area, Manitoba.  

The stock is pulling back after yesterday’s big move on news. This is currently a pullback and the stock remains in a new uptrend as long as it stays above $0.08.

 

SRG Mining (SRG.V)

Market Cap ~ $73 million

SRG Mining Inc., a Canadian-based mining company, engages in the exploration and development of mineral properties in Africa. The company primarily explores for graphite deposits. It holds interests in the Lola graphite project located in the Republic of Guinea, West Africa.

The stock is down 11% on no news.

The stock is bouncing around in a flag pattern and support comes in around the $0.54 zone. Not much strength after a pop above a range at $0.66.

 

Gold Flora Corporation (GRAM.NE)

Market Cap ~ $118 million

Gold Flora Corporation engages in the cultivation, manufacturing, extraction, distribution, and retailing of cannabis products in California. It offers disposable vape pens and gold flora flowers.

The stock is down 10% on no news.

After a major pop on the $0.20 breakout, the stock is pulling back as profits are being taken. The stock is now contained between two price levels. Support comes in at $0.36 and resistance at $0.60.

 

Neotech Metals (NTMC.CN)

Market Cap ~ $40 million

Neotech Metals Corp. is a mineral exploration company dedicated to discovering and developing valuable mineral resources in promising regions around the world. With a strong commitment to environmental stewardship and sustainable practices, Neotech is positioned to make a positive impact while maximizing the potential of its exploration properties. The Company is a mineral exploration company based in Vancouver, B.C., and owns 100% of its TREO Rare Earth Element Property, comprising 37 mineral claims, located 90 km northeast of Prince George, British Columbia. The Company also holds options on the EBB nickel-cobalt property in British Columbia, Canada and 22 mining claims comprising the‎ Thor REE Project, an early-stage exploration property in the eastern Mojave Desert Region, approximately 119 km south of Las Vegas‎.‎

The stock is down 9% on no news.

The stock has failed to fill the gap which is current resistance. $1.00 was taken out and now the stock is testing the key support at the $0.80 zone.