In this overview report, we take a quick look at the top five stocks that rose or fell by double digits in the Canadian stock market.
Here’s a summary of intraday actions for assets:
Braille Energy System (BES.V)
Market cap ~ $14 million
Braille Energy Systems Inc. is engaged in battery manufacturing and energy storage businesses in Canada and abroad. The company not only offers automotive lithium-ion starting batteries, but also sells a complete multi-level product line of batteries and accessories. We design, manufacture, and sell integrated backup power systems for residential and industrial applications. Independent energy storage system. Complete housing system. We offer lithium battery modules under the name of ELECTRAFY.
The stock is up 15% despite the lack of news.
A very interesting chart featured on Equity Guru last week. We talked about the breakout above the $0.06 range and the continued momentum. There was a temporary pullback, but buyers are now entering the market. If the price closes above the recent high, further lows will be confirmed.
Pharmacer Holdings (PHRM.CN)
Market cap ~ $24 million
PharmaTher Holdings Ltd., a specialty pharmaceutical company, develops and commercializes specialty medicines that demonstrate the adoption and enablement of new delivery methods to improve patient outcomes. The company’s product pipeline includes KETARX, a hydrochloride injection for the treatment of Parkinson’s disease, amyotrophic lateral sclerosis, complex regional pain and Rett syndrome, anesthesia and sedation procedures, and ischemia-reperfusion injury; included. We are also developing KETARX, a microneedle patch targeting mental health, neuropathy, and pain disorders. KETARX On-body pump for maintenance of general anesthesia in diagnostic and surgical procedures. In addition, the company offers his PARMAPATCH, a microneedle patch technology solution that includes hydrogel formation and gelatin methacryloyl delivery systems for the treatment of psychedelics and infectious diseases.
The stock is up 14% despite the lack of news.
The stock is in a flag pattern and a breakout could occur if it closes on a strong daily candlestick today.
Pacific Ridge Exploration (PEX.V)
Market cap ~ $15 million
Pacific Ridge Exploration Ltd., an exploration-stage company, acquires and explores resource assets in Canada and the United States. The company primarily explores for gold and copper. Its flagship project is the Kriyul Copper-Gold Project, which covers an area of approximately 6,000 hectares and is located in the northern Quesnel Terrain of British Columbia.
The stock is up 21% despite the lack of news.
There is a gap in the stock price beyond the $0.10 zone. A close above $0.12 is required to close above the current downside high.
Quimbaya Gold (QIM.CN)
Market cap ~ $16 million
Quimbaya Gold Inc., together with its subsidiaries, is engaged in the acquisition, exploration and development of mineral resources in Colombia. Explore gold and silver deposits. The company has an interest primarily in the Berio project located in Antioquia.
Despite no news, the stock is up 31%.
Further lows may be about to form here. Look for a strong close above the $0.64 zone to trigger this. Always keep this chart in mind.
Excelon Resources (EXN.TO)
Market cap ~ $6.9 million
Excellon Resources Inc. is engaged in the acquisition, exploration, and development of mineral properties. We mainly explore silver, lead, zinc and gold deposits and base metals. The Company holds a 100% interest in the Platosa property, which covers an area of approximately 11,000 hectares in the Mexican state of Durango. Evolución’s site covers an area of 31,280 hectares located in the states of Durango and Zacatecas in Mexico. and the 340 square kilometer Silver City project in Saxony, Germany. The Company also owns a 100% interest in the Kilgore Project, which consists of 789 unpatented federal mineral claims covering 6,788 hectares in eastern Idaho’s Clark County. and his Oakley Project, which covers an area of 2,833 hectares in Oakley, Idaho.
The stock price is up 40% without any news.
Stock prices have been benchmarking for most of the last year after a significant decline. There are signs here that the stock may be ready to start a new trend. Higher lows are possible here, but we need a candlestick close above $0.14.
Eupraxia Pharmaceuticals (EPRX.TO)
Market cap ~ $112 million
Eupraxia Pharmaceuticals Inc. is a clinical-stage biotechnology company engaged in the discovery, development, and marketing of technologies in the biotechnology field. The company’s lead product candidate is EP-104IAR, which is in Phase II clinical trials for the treatment of unmet medical needs and pain relief for knee osteoarthritis and eosinophilic esophagitis, as well as in dogs. It is currently being developed for the treatment of osteoarthritis. Products in development also include EP-201, an antibiotic for post-surgical site infections. EP-105 is a sustained release postoperative anesthetic for postoperative pain.
The stock price fell 29% following the previously announced decision to price the company’s common stock on the overnight market. Pursuant to this offering, Eupraxia will issue 7,317,000 shares at a price of C$4.10 per share, resulting in gross proceeds of C$30 million.
The large gap between funding and stock price is testing the issue price of $4.10. This is close to support, so investors will have to wait and see if buyers jump here.
First Lithium Minerals (FLM.CN)
Market cap ~ $7.7 million
First Lithium Minerals Corp. operates as a mineral exploration and development company in northern Chile. The company focuses on lithium and alkali metal exploration at its wholly-owned OCA lithium project, which consists of approximately 9,000 hectares of mineral exploration interests in the salt flats of Olague, Calcote and Ascotan in the Antofagasta region of northern Chile. .
With no news, the stock price is down 22%.
This is an interesting chart where the stock price formed an inverted head and shoulders pattern. $0.12 is a major resistance level, and the stock has rejected this zone twice. Although the stock price has fallen back, there is still a chance it will close above $0.12. As long as the stock price remains above $0.07, the uptrend is likely to continue.
American Airlines (WIFI.CN)
Market cap ~ $81 million
American Aires Inc., a nanotechnology company, is working to research, develop and implement innovative technology solutions in Canada that restructure electromagnetic field haze and transform it into biologically compatible forms. The company’s products include Lifetune One, which reduces the effects of electromagnetic radiation emitted by data-transmitting electronic devices such as cell phones, wireless earbuds, wireless headsets, laptops, monitors, baby monitors, and Wi-Fi routers. Masu. Lifetune Flex is a versatile and resilient solution for customizable protection.
With no news, the stock is down 19%.
The stock is trending up, and today’s move is more of a profit-taking move than the start of a new downtrend. Watch for support near $1.20.
STEP Energy Service (STEP.TO)
Market cap ~ $261 million
STEP Energy Services Ltd., an oilfield services company, provides integrated coiled tubing, fluid and nitrogen pumping, and hydraulic fracturing to serve the oil and natural gas industries in Canada and the United States . We also provide fluid pumping services for coiled tubing operations and stand-alone projects. The company is engaged in fracturing logistics, engineering, remote fracturing monitoring, and laboratory services.
Shares fell 16% on news of fourth-quarter and year-end 2023 results.
The stock had a gap in earnings, so the market was expecting more gains. Support he is provided at $3.40. Note the range, which indicates buyer intervention. Good signs so far with a big wick.
Game Square Holdings (GAME.V)
Market cap ~ $26 million
GameSquare Holdings Inc. operates as a vertically integrated digital media, entertainment and technology company with approximately 290 million followers. Its audience and platform allow global brands to connect with gaming and youth culture audiences. The company’s end-to-end platform includes Code Red Esports Ltd., an esports talent agency serving the UK. GCN is a digital media company focused on gaming and esports audiences in Los Angeles, USA. Zoned is a gaming and lifestyle marketing agency based in Los Angeles, USA. Complexity Gaming, an esports organization based in the United States. Fourth Frame Studios is a multidisciplinary creative production studio. Mission Supply is engaged in the commodity and consumer products business. To be frank: Media for programmatic advertising, Stream Hatchet for live gaming and esports streaming analytics, and Sideqik for social influencer marketing platform.
With no news, the stock is down 13%.
Selling occurred above the resistance level, and the stock price continues to fluctuate. A close above $2.80 will trigger a breakout pattern.
