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

Freeport Resources (FRI.V)

Market Cap ~ $9.4 million

Freeport Resources Inc., a junior mineral exploration company, engages in the exploration and evaluation of mineral properties in Papua New Guinea. The company holds a flagship property Yandera copper project located in Papua New Guinea.

The stock is up 50% on news the Company has begun discussions with strategic partners for advancing the Yandera Project, one of the world’s largest undeveloped copper projects.

Last week, I discussed this trendline breakout. This is why technicals are important. They have a funny way of predicting upcoming news. Today’s close will confirm the retest with a close above $0.04. The next resistance zone comes in around $0.07.

Blockchain Venture Capital (BVCI.CN)

Market Cap ~ $30 million

Blockchain Venture Capital Inc. provides technology infrastructure to participants in the emerging blockchain and distributed ledger technology industry. It develops BVC Chain, a blockchain platform and ledger technology, which serves as a platform and infrastructure for BvcPay and CADT.

The stock is up 26% on no news.

The stock is on a rip. A first higher low is looking to be confirmed with today’s close above $0.80. Watch the major psychological $1.00 zone.

Quartz Mountain Resources (QZM.V)

Market Cap ~ $14 million

Quartz Mountain Resources Ltd. engages in the acquisition, exploration, and development of mineral properties in British Columbia, Canada. The company explores for gold, silver, molybdenum, and copper deposits. It holds a 100% interest in Maestro property, which include 11 contiguous mineral claims covering an area of approximately 2,140 hectare located near Houston, British Columbia; and Jake mineral property consists of 10 contiguous mineral claims that cover an area of approximately 2,608 hectare situated in northeast of Smithers,British Columbia.

The stock is up 20% on news the Company has agreed under two separate transactions, to purchase a 100% interest in each of the Lone Pine Claim and the North Claim. These two mineral claims total 169 hectares and are located within the Company’s 100%-owned Maestro Property located 15km north of the town of Houston, British Columbia.

It looks like we have a major breakout here with the trendline break. Resistance comes in at $0.36.

Grey Wolf Animal Health (WOLF.V)

Market Cap ~ $29 million

Grey Wolf Animal Health Corp. provides products, solutions, and services for the health and wellness of animals in Canada and internationally. It operates through two segments, the Animal Health Business Unit, and the Pharmacy Business Unit. The company provides products such as pharmaceuticals which includes sedaject, ataject, and thyro-tabs canine; nutraceuticals, which includes Composure Pro, Vertiflex, hide and treat, Entero Aid +Gi, Fibre Boost +Gi, and Hepaticlear Pro; and wound care products, including medical pet shirt protective wear that comprise pet shirt, pets boot, head cover, and leg sleeves; and disposables comprising syringes, needles, and iv catheters.

The stock is up 15% on no news.

A very interesting set up here. It looks like a cup and handle pattern is forming and the major trigger is a close above $1.00.

PesoRama (PESO.V)

Market Cap ~ $32 million

PesoRama Inc. operates a chain of retail stores in Mexico. Its stores offer household goods, pet supplies, seasonal products, party supplies, health and beauty, snack food items, confectionery, and other products. The company operates its stores under the JOi Dollar Plus brand name.

The stock is up 15% on no news.

Another trendline breakout which is about to confirm the first higher low and successful retest. Watch for a strong close above the $0.32 zone for continuation.

Top 5 Losers

RevoluGROUP Canada (REVO.V)

Market Cap ~ $11 million

RevoluGROUP Canada Inc., through its subsidiaries, provides technology solutions in the Americas, Europe, and internationally. The company offers RevoluPAY, the company’s flagship Apple and Android multinational remittance app; RevoluVIP, a members only travel club; RevoluCHARGE, a pay-as-you go mobile top-up application; RevolUTILITY, a utility bills payment solution; RevoluREALTY, a solution for the payment of real estate related transactions, forex settlement, and closing fees to multiple beneficiaries; and RevoluMED, a solution for healthcare appointment scheduling, RX payment, pharmacy payments, medical insurance, insurance copay, and other financial aspects related to the healthcare industry.

The stock is down 16% on news it has entered into a strategic collaboration with SHIFT Financial Services Ltd. 

The stock is in its consolidation phase and is just looking for a breakout. A close above $0.08 triggers an upside breakout. A breakdown instead would take us to new all time lows.

Showcase Minerals (SHOW.CN)

Market Cap ~ $46 million

Showcase Minerals Inc. engages in the identification, acquisition, exploration, and development of mineral projects. The company primarily explores for gold and vanadium deposits. It owns interests in the Dixie Flats which consist of 180 unpatented lode claims covering approximately 1311 hectares; the North Star which consist of 56 unpatented lode claims covering 360 hectares; and Woodruff claims which consist of 18 unpatented lode claims covering approximately 147 hectares located in Elko County, Nevada.

The stock is down 50% on no news.

Now that is a major drop after a slow and steady rise. This engulfing candle takes out multiple days worth of up days. Very bearish and people are taking profits and dumping the stock.

Impact Analytics (PACT.CN)

Market Cap ~ $34 million

Impact Analytics Inc., an intelligent risk assessment platform company, operates as a financial services company focusing on building an AI-powered risk assessment engine to govern and optimize organizational decision making. Its risk assessment model is designed to reimagine traditional finance in a meaningful way.

The stock is down 35% on news of a change in business and the announcement of an expiration of an interim cease trade order.

Another stock seeing a major dump after multiple days of green. Profits are being taken and the stock is being dumped.

Bettermoo(d) Food (MOOO.CN)

Market Cap ~ $21 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 35% on no news.

The stock appeared to have broken out and was ready to go. Instead, a major gap down has occurred and the stock has confirmed a false breakout. Very bearish signs.

Barksdale Resources (BRO.V)

Market Cap ~ $15 million

Barksdale Resources Corp. engages in the acquisition and exploration of precious and base metal mineral properties in the United States and Mexico. It primarily explores for copper, zinc, lead, silver, and gold ores. The company’s primary asset is the Sunnyside property comprising of 286 unpatented mining claims covering approximately 5,223.71 acres located in the Patagonia Mountains of southern Arizona. It also holds interest in the San Antonio, the Four Metals, the Canelo, and the Goat Canyon projects located in Santa Cruz County, Arizona; and the San Javier property located in central Sonora, Mexico.

The stock is down 26% on reporting final assays from the lower portion of the SUN-003 drill hole, completed as part of the ongoing Phase I drill program at the Sunnyside copper-lead-zinc-silver exploration project in Arizona.

The stock is continuing its major downtrend with a break below the $0.20 zone and with a major gap down. Very bearish and the stock will need to climb back above $0.25 to turn things around.