Top 5 Gainers and Losers: DOC.V, SEI.V, INIK.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

Sintana Energy (SEI.V)

Market Cap ~ $362 million

Sintana Energy Inc. engages in petroleum and natural gas exploration and development activities. It holds five onshore and offshore petroleum exploration licenses in Namibia, as well as in Colombia’s Magdalena Basin.

The stock is up 14% on no news.

New record highs on the way? It looks like the uptrend will continue with a new higher low. The stock has been on a tear after a large gap up on news.

Palamina Corp (PA.V)

Market Cap ~ $13 million

Palamina Corp. engages in the exploration of mineral deposits in Peru and Mexico. It explores for gold, copper, and silver deposits. The company owns interests in the Usicayos, Panorama, Galena, Bendi, Cori, Yin Inca, Gaban, Yang, and Tinka projects located in Peru.

The stock is up 48% on no news.

Some big volume today, and personally, I love the chart pattern we are seeing here. A major range could be broken with a confirmed candle close above $0.19. Watch for this breakout this week. Alternatively, the range can continue if bulls fail the breakout.

PopReach Corporation (INIK.V)

Market Cap ~ $44 million

PopReach Corporation operates as a multi-platform technology company. The company’s product portfolio includes PopReach Games, a free-to-play mobile game publisher; notifyAI, a push notification subscription and monetization platform; Q1Media, a digital media advertising services provider; and Contobox, an ecommerce and creative advertising technology platform. It also engages in Ubiquity, a user acquisition and marketing technology business.

The stock is up 40% on news of a record Q4 and fiscal 2023 results.

Potential reversal pattern forming here with a double bottom. We have a catalyst, we just need the breakout confirmation on the technical side. Watch for a strong close above the $0.21 zone.

Promino Nutritional Sciences (MUSL.CN)

Market Cap ~ $11 million

Promino Nutritional Sciences Inc., a nutraceutical company, develops nutritional products in Canada and the United States. The company offers Rejuvenate, a proprietary formulation to assist in the rebuilding, restoration, and rejuvenation of natural loss of muscle mass due to aging or other medical conditions; and PROMINO, an elite performance supplement for both professional and amateur athletes to accelerate muscle recovery, build strength, and accelerate recovery from injury. It also engages in retailing of its products through stores and online.

The stock is up 25% on no news.

Things could be turning around for the stock but watch for a break and confirmed close above the $0.20 zone which is now support turned resistance.

Excelsior Mining (MIN.TO)

Market Cap ~ $65 million

Excelsior Mining Corp. engages in the acquisition, exploration, and development of copper mineral properties in Arizona, the United States. The company holds interests in the Gunnison copper project; the Johnson Camp Mine; and the Strong and Harris copper-zinc-silver project located in Arizona.

The stock is up 20% on no news.

After a major reversal pattern, the stock is set to confirm a higher low in this new uptrend. Watch for a close above the $0.24 zone to confirm the first higher low in a new uptrend.

Top 5 Losers

CloudMD Software (DOC.V)

Market Cap ~ $12 million

CloudMD Software & Services Inc. offers healthcare services in Canada and the United States. The company operates in two segments: Digital Health Solutions and Enterprise Health Solutions. It offers enterprise health solutions, including mental health, virtual medical care, healthcare navigation, rehabilitation and assessments, education, employee and family assistance program, and absence management and occupational health. The company also provides digital health solutions, including electronic health records and practice management solutions; MyHealthAccess, a patient portal that enables online appointment booking and virtual care visits; and Health and Wellness Network and Real Time Intervention platform. In addition, it offers health education platform for peer-reviewed educational resources; and VisionPros, an online vision care platform that provides contact lenses to customers, as well as operates navigation software and pharmacy.

The stock is down 46% on news it has announced the late filing of its annual financial statements.

New record lows for the stock as it reacts to the news. Right now it is like trying to catch a falling knife. Selling pressure exhaustion, like a range, is ideal before determining recovery.

Discovery Lithium (DCLI.CN)

Market Cap ~ $6.7 million

Discovery Lithium Inc., an exploration company, focuses on advancing mineral resource projects in North America. It holds a 100% interest in 1,675 mineral claims in Serindac Lake and 2,113 mineral claims in Vaubert Lake for a combined total of approximately 164,283 hectares located in the Nunavik region of Northern Quebec. The company also owns 303 mineral claims covering 16,392 hectares that are identified as the Route De Nord, Lac Belanger, Lac Ferland, and Lac Roberston properties located across the northern and eastern regions of Québec, including the prolific lithium district of the James Bay region. In addition, it holds ESN project that consists of 33 unpatented lode claims covering an area of approximately 660 acres located in White Pine County, Nevada.

The stock is down 16% on no news.

A major breakdown here with the stock now testing the gap. A gap fill would be highly bearish. Watch to see if the stock can confirm a close above the $0.18 zone.

Decibel Cannabis (DB.V)

Market Cap ~ $45 million

Decibel Cannabis Company Inc., an integrated cannabis company, engages in the cannabis cultivation, processing, and sale of cannabis flower products in Canada. It is also involved in the extraction, processing, and manufacturing vape cartridges and glass tube packaging for pre-rolls. In addition, the company engages in the cannabis retail business through operating operational retail locations in Saskatchewan, as well as an e-commerce cannabis platform throughout the Province of Saskatchewan; and operational retail locations in Alberta.

The stock is down 15% on news of year end and Q4 results.

The stock is held within a flag pattern and it looks like it will test the recent lows here around the $0.10 zone with today’s earnings.

Koryx Copper (KRY.V)

Market Cap ~ $20 million

Koryx Copper Inc., a development stage company, engages in the acquisition, exploration, and development of mineral properties in Canada, Namibia, and Zambia. It primarily explores for copper deposits. The company holds a 100% interest in the Haib project located in the south of Namibia. It also holds interest in the Zambia Copper property in Zambia.

The stock is down 13% on no news.

Zoomed out on the chart because I want to show readers the broader structure. Interesting potential breakout here and the stock is pulling back to retest a breakout zone. Watch for a battle between the bulls and bears.

BuildDirect.Com Technology (BILD.V)

Market Cap ~ $25 million

BuildDirect.com Technologies Inc. operates a marketplace for purchasing and selling building materials online in Canada, the United States, and internationally. It operates in two segments, BuildDirect.com and Independent Retailers. The company operates BuildDirect platform that connects homeowners and home improvement professionals with suppliers and sellers for building materials. It offers wood and laminate flooring products, including solid hardwood, unfinished hardwood, engineered hardwood, bamboo, water resistant laminate, and waterproof engineered hardwood flooring products, as well as floor moldings, underlayment products, and adhesives; vinyl flooring products, such as waterproof rigid core, glue down, peel and stick, loose lay, and tile look vinyl flooring products; composite decking products, deck tiles, and deck accessories; and carpet tiles.

The stock is down 13% on news of Q4 and year ended 2023 financial results.