Top 5 stock gainers and losers: PM.CN, DEC.V, GSHR.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

Pampa Metals (PM.CN)

Market Cap ~ $12 million

Pampa Metals Corporation, a mineral exploration company, engages in the acquisition and exploration of base and precious metals projects in Chile. It owns an area of 47,400-hectare portfolio of seven projects for copper, molybdenum, and gold deposits located in Chile.

The stock is up 46% on news that drilling to test for lateral and depth extensions below previous high grade porphyry copper-gold intersections at the Piuquenes Cu-Au porphyry project has successfully intersected wide intervals of both secondary and primary mineralization.

The stock is in the process of starting a new uptrend. If today’s candle can close above $0.22, we will have a first higher low in a new uptrend.

Puranium Energy (UX.CN)

Market Cap ~ $2.7 million

Puranium Energy Ltd. operates as a uranium exploration company in Canada, Australia, and Namibia. The company has 85% interests in the seven exclusive prospecting licenses covering an area of 93,514 hectares located in Namibia, Africa. It holds a 100% interest in the Cobalt Mountain property covering an area of approximately 4,921 hectares located in the Omineca mining division of Northwest British Columbia; and has an option to purchase a 100% interest in Haines Property comprising 35 minerals claims located in Ontario, Canada.

The stock is up 45% on no news.

The stock is looking to breakout. A major resistance zone comes in at $0.135. The next resistance zone comes in around the $0.24 zone.

Decade Resources (DEC.V)

Market Cap ~ $6.2 million

Decade Resources Ltd., an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company holds a 65% interest in the Red Cliff property in north of Stewart, British Columbia; a 100% interest in the Goat property that consists of 8 claims totaling 1210.40 hectares located in British Columbia; and an option to earn a 100% interest in the Terrace property covering 48 contiguous mineral claims situated in British Columbia. It also holds an option agreement to acquire up to 75% interest in the Del Norte property comprising 5,830.16 hectares in 13 separate claims located in east British Columbia; and a 100% interest in the Grassy property that contains approximately 830.20 hectares in 2 separate claims situated in north of Stewart, British Columbia.

The stock is up 40% on news it has received the assays and compiled assays from a surface program at the Treasure Mountain portion of the at the Copper River project.

The stock has tanked and has shown signs of bottoming. The stock has a huge gap to fill before it can turn things around.

Fathom Nickel (FNI.CN)

Market Cap ~ $16 million

Fathom Nickel Inc., a resource exploration and development company, engages in identifying, acquiring, and exploring the base and precious metals for use in electric vehicle and battery markets. The company primarily explores for nickel deposits. Its flagship project is the Albert Lake Project, which consists of 31 mineral claims covering an area of 90,460 hectares located in the La Ronge Mining District of Saskatchewan, Canada.

The stock is up 23% on no news.

Now that is a nice looking chart. We do have a cup and handle pattern and the next resistance comes in around $0.18.

Goldshore Resources (GSHR.V)

Market Cap ~ $27 million

Goldshore Resources Inc., a junior gold development company, engages in the acquisition, exploration, and evaluation of natural resource properties in Canada. It owns the Moss Lake gold project located in Ontario.

The stock is up 22% on news on an updated mineral resource estimate for the Moss deposit and East Coldstream deposit, both located at its 100%-owned Moss Gold Project in Northwest Ontario, Canada.

A potential double bottom pattern here. What triggers this reversal pattern is a break above $0.16. Still some work to do, but we do have a strong support level to work with.

Top 5 Losers

Troy Minerals (TROY.CN)

Market Cap ~ $28 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 30% on no news. Yesterday, the Company announced results from the first two drill holes completed in Fall of 2023 at the Lac Jacques rare earth element (REE) property.

The stock is tumbling after printing all time record highs. There is a support level around $0.375 and we see that buyers are stepping in here as evident by the large wick candlestick. A range would indicate the exhaustion of selling pressure.

Noble Mineral Exploration (NOB.V)

Market Cap ~ $14 million

Noble Mineral Exploration Inc., a junior exploration company, engages in the exploration and evaluation of mineral properties in Canada. The company primarily explores for nickel, cobalt, gold, copper, and PGM deposits.

The stock is down 25% on news that drilling has been completed on the Kidd2/Carnegie Project.

The stock did confirm a breakout but all that momentum has been snubbed out. The price must close above $0.07 in order to keep the breakout intact.

Bettermoo(d) Food Corporation (MOO.CN)

Market Cap ~ $20 million

Bettermoo(d) Food Corporation operates as a food and beverage company in Canada. The company offers Moodrink, a vegan oat-based dairy alternative beverage; and Moofrais and Moobert, a vegan nut-based cheese alternative product. It sells products through online and in-store retail platforms.

The stock is down 15% on no news.

The stock remains within its range and must breakout above the $3.40 zone in order to usher in a new uptrend. Bulls remain patient.

Steer Technologies (STER.V)

Market Cap ~ $43 million

Steer Technologies Inc. operates an integrated ESG technology platform that offers subscription and on-demand services. The company provides STEER EV, a subscription-based offering led by its flagship electric vehicle subscription business and electric vehicle long-term ownership or rental; and on-demand services incorporating delivery, B2B marketplace, Delivery-as-a-Service, food delivery service, and rideshare businesses.

The stock is down 9% on no news.

The stock is failing to break above recent highs. The uptrend is still in play as long as price remains above the $0.25 higher low.

Lavras Gold (LGC.V)

Market Cap ~ $52 million

Lavras Gold Corp. operates as a junior exploration company in southern Brazil. It engages in the exploration and development of the Lavras do Sul gold project covering an area of approximately 22,000 hectares located in Rio Grande do Sul, Brazil.

The stock is down 8% on news of the results from nine (9) new drill holes testing the Butiá Gold Deposit, located at the western edge of the LDS project in southern Brazil.