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

Cielo Waste Solutions (CMC.V)

Market Cap ~ $64 million

Cielo Waste Solutions Corp. operates as a waste-to-fuel environmental technology company in Canada. It converts and transforms waste feedstocks, including organic material and wood derivative waste into fuel, such as diesel, naphtha, and kerosene.

The stock is up 31% on news of an update on its Carseland, Alberta Bio-SynDiesel^® Project. Once completed, the Carseland Project represents Cielo’s first commercial by-product-to-fuels facility designed to convert wood by-products into low carbon intensity renewable Bio-SynDiesel^® fuel. 

The stock recently printed all time record lows but it now seeing an influx of buyers. The close above $0.375 took the stock back above previous support. A close above $0.50 would be a bullish sign.

 

Quimbaya Gold (QIM.CN)

Market Cap ~ $8.9 milion

Quimbaya Gold Inc., together with its subsidiaries, engaged in the acquisition, exploration, and development of mineral properties in Colombia. It explores for gold and silver deposits.

The stock is up 16% on no news.

The stock is still battling at a resistance zone where the bulls and the bears are going at it. A close above the $0.36 zone is what would get this stock back into a bullish momentum.

 

Pampa Metals (PM.CN)

Market Cap ~ $16 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 15% on no news.

An uptrend is continuing with the first higher low. The stock is looking to test the $0.35-$0.40 resistance zone.

 

Medicine Man Technologies (SHWZ.NEO)

Market Cap ~ $79 million

Schwazze is building a premier vertically integrated regional cannabis company with assets in Colorado and New Mexico and will continue to take its operating system to other states where it can develop a differentiated regional leadership position. Schwazze is the parent company of a portfolio of leading cannabis businesses and brands spanning seed to sale. Medicine Man Technologies, Inc. was Schwazze’s former operating trade name.

The stock is up 14% on no news.

A trend shift has been confirmed. The stock has gone from a downtrend to a new uptrend with higher lows being formed. Resistance does come in around the $1.70 zone. A close above this level would lead to further momentum.

 

Fathom Nickel (FNI.CN)

Market Cap ~ $21 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 13% on no news.

That’s a very good looking chart. The stock is turning things around and is breaking out above a $0.18 resistance zone.

 

Top 5 Losers

Condor Resources (CN.V)

Market Cap ~ $18 million

Condor Resources Inc., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in Peru. It explores for gold, silver, copper, lead, and zinc deposits, as well as other precious and base metals.

The stock is down 69% on news of results from the maiden diamond drill program that concluded in December at the Pucamayo East project in Peru. 

After ranging for a few months, the stock has dumped and gapped down on the assay results. The market expected better. There is some support here but buyers should watch for some evidence of selling exhaustion like a longer range.

 

SSR Mining (SSRM.TO)

Market Cap ~ $1.14 billion

SSR Mining Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and operation of precious metal resource properties in Turkey and the Americas. The company explores for gold, silver, copper, lead, and zinc deposits. Its projects include the Çöpler Gold mine located in Erzincan province, Turkey; the Marigold mine located in Nevada, the United States; the Seabee Gold Operation located in Saskatchewan, Canada; and the Puna Operations in Jujuy province, Argentina.

The stock is down 57% on news of the suspension of operations at the Çöpler mine as a result of a large slip on the heap leach pad.

A huge drop down and the stock is now testing a key support zone around $5.40. This drop is like catching a falling knife, so bulls should watch for signs of the exhaustion of selling pressure.

 

Ecolomondo Corporation (ECM.V)

Market Cap ~ $42 million

Ecolomondo Corporation operates as a clean tech company in Canada. It focuses on commercialization and implementation of thermal decomposition process using a pyrolysis platform that converts hydrocarbon waste into marketable commodity end-products, including carbon black substitute, oil, gas, and steel.

The stock is down 26% on no news.

A rejection of resistance around $0.30. Watch for a close above this as the stock has a cup and handle looking structure. A close above $0.30 triggers the reversal pattern,

 

NurExone Biologic (NRX.V)

Market Cap ~ $25 million

NurExone Biologic Inc., a pharmaceutical technology company. It engages in the development of an off-the-shelf, non-invasive, and novel treatment for the reversal or reduction of paralysis following spinal cord injury using membrane-bound extracellular vesicles technology, as well as to treat brain trauma injury, and other brain and neurological indications.

The stock is down 21% on no news.

The stock is in its corrective phase after a major run. The stock can still print a higher low as long as it remains above the $0.35 breakout zone.

 

Troy Minerals (TROY.CN)

Market Cap ~ $19 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 15% on no news.

The stock is rejecting the $0.50 zone and the strong selling pressure continues. $0.25 comes next for a major support test.