Top 5 Gainers and Losers: MDMA.CN, BEX.V, NURS.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

Benton Resources (BEX.V)

Market Cap ~ $29 million

Benton Resources Inc. engages in the acquisition, exploration, and development of mineral properties. It explores for gold, silver, nickel, copper, platinum group elements, lithium, and cesium assets.

The stock is up 17% on news the Company has cut two massive sulphides in its first two holes expanding the Great burnt Copper Deposit.

A flag pattern and the stock is gapping up at the support area of this flag pattern. A nice strong close above $0.16 and bulls should watch for a strong close above $0.20.

Sage Potash (SAGE.V)

Market Cap ~ $17 million

Sage Potash Corp. engages in the acquisition, exploration, and development of mineral properties. It holds interest in the Sage Potash property located in the State of Utah.

The stock is up 21% on no news.

The stock was included in yesterday’s article where I told readers to watch for a daily candle close above the $0.25 zone. That has triggered and the upwards momentum continues.

Rua Gold (RUA.CN)

Market Cap ~ $39 million

Rua Gold Inc., a resource exploration company, focuses on the acquisition, evaluation, and exploration of mineral resource properties in New Zealand. The company primarily explores for gold deposit. It holds 100% interests in the Reefton project that includes three contiguous prospecting and exploration permits covering an area of 56,104.82 hectares located in the Reefton Goldfield, the Buller Province of South Island; and the Glamorgan project covering an area of 4644.5 hectares situated in the southcentral part of the Coromandel Range, west of the Whangamata Township.

The stock is up 17% on no news.

The stock recently retested the breakout of the flag pattern. Buyers are stepping in at this zone. The uptrend can continue with a close above recent highs.

Hydreight Technologies (NURS.V)

Market Cap ~ $13 million

Hydreight Technologies Inc. provides mobile health and wellness services primarily in the United States. Its Hydreight App offers consulting and advising in setting up their health and wellness services, including assistance with finding experienced advisors in the areas of medical and privacy law; medical liability insurance; pharmaceutical IV programs vetted by duly licensed pharmacists; procedural guides to various services, such as Botox, fillers, etc.; and hiring, on-boarding, training, marketing, branding, payroll, and other accounting services.

The stock is up 11% on VS Digital Health and DSV Global is launching the VSDHOne, a fully-featured end to end telemedicine solution that helps companies launch a direct-to-consumer healthcare brand – and do it in days rather than months at a fraction of the cost in all 50 States.

A big pop on the news. The stock confirmed a breakout yesterday with a close above $0.28. If the stock can close above $0.33 by the end of the day, this would be a bullish sign.

Rock Tech Lithium (RCK.V)

Market Cap ~ $165 million

Rock Tech Lithium Inc. engages in the exploration and development of lithium properties. The company focuses on developing and optimizing battery grade lithium hydroxide monohydrate. It holds a 100% interest in the Georgia Lake lithium project located in the Thunder Bay Mining District of Ontario.

The stock is up 11% on no news.

The stock is continuing its breakout move after closing above $1.40. Now we are testing a key resistance zone here at $1.70. A close above confirms a breakout.

Top 5 Losers

Pharmala Biotech (MDMA.CN)

Market Cap ~ $12 million

Pharmala Biotech Holdings Inc., doing business as PharmAla, focuses on the developing, manufacturing, and commercializing of substituted methylenedioxy-phenethylamines (MDXX) active pharmaceutical ingredients. It also provides MDXX class compounds, such as 1,3-Benzodioxolyl-Nmethylbutanamine (MBDB); and 3,4-Methylenedioxy-N-ethylamphetamine (MDEA/MDE), as well as formulations of MDXX compounds.

The stock is down 23% on no news.

The stock is gapping down and breaking below the key $0.16 resistance zone. If the bears have control, we can expect a move down lower to the $0.08 zone.

Metasphere Labs (LABZ.NE)

Market Cap ~ $52.6 million

Metasphere Labs Inc., a digital agency, engages in the design, development, and sale of non-fungible tokens (NFTs) in Canada and internationally. The company offers 3D digital assets for existing NFT communities; NFT minting services; merchandise sales; utility services; and advertising and sponsorship services, as well as creates digital assets, such as additional clothing for avatars or tools to be used by the avatars within the House of Kibaa (HOK) origins metaverse. It also offers NFT marketing, development and minting, NFT community growth and moderation, brand design and management, smart contracts and legal, and metaverse integration services.

The stock is down 26% on no news.

We are now breaking below the higher low level and gap zone at $2.60. This is actually pretty bearish which could see a move down to $1.40.

American Aires (WIFI.CN)

Market Cap ~ $45 million

American Aires Inc., a nanotechnology company, engages in the research, development, and implementation of innovative technology solutions that restructure and transform electromagnetic field haze into biologically-compatible form in Canada and internationally. Its products include the Lifetune One, a device specific solution that sticks directly onto electronic devices, offering immediate protection against harmful electromagnetic radiation solution for use with devices such as phones, tablets, and laptops; and the Lifetune Flex, a versatile electromagnetic fields (EMF) protection solution for constant coverage from electromagnetic radiation.

The stock is down 16% on news the Company’s 3rd world-class #airesathletes awareness campaign partner: John Tavares, the No. 1 NHL draft pick in 2009, 6-time NHL All-Star, former Captain of the New York Islanders, current Captain of the Toronto Maple Leafs, Olympic gold medal winner, and Founder of the John Tavares Foundation alongside his wife, Aryne. In turn, Tavares will become a Company shareholder as the majority of the partnership compensation will be in the form of American Aires shares.

The stock continues its breakdown after closing below $0.80. The next support level comes in at $0.30, but keep the $0.50 major psychological zone on watch.

Gold79 Mines (AUU.V)

Market Cap ~ $4.6 million

Gold79 Mines Ltd., an exploration stage junior mining company, engages in the identification, acquisition, evaluation, and exploration of mineral properties in North America. The company primarily explores for gold, silver, precious metals, and base metals. It holds 100% interest in the Tip Top project located in Esmeralda County, Nevada.

The stock is down 12% on no news.