Image Credits: Bitfarms Ltd
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November 7, 2024, 9:46 AM ET
Canadian stocks showed gains across sectors in early trading this morning, with Trilogy Metals Inc. (TMQ) leading the way, up 108.33% to 1.50 CAD per share. Investors are reminded to consider full metrics, as swift gains can carry retracement risks.
In finance, Galaxy Digital Holdings Ltd. (GLXY) saw a 25.81% jump to 20.67 CAD on a strong “Strong Buy” rating. Similarly, IA Financial Corporation (IAG) increased by 16.21%, reaching 133.65 CAD with a market cap of 12.549 billion CAD, marked as a “Buy.”
In the technology sector, Bitfarms Ltd. (BITF) rose 17.79% to 2.98 CAD, and Digihost Technology Inc. (DGHI) gained 15.87% at 2.41 CAD, both with “Strong Buy” ratings. HIVE Digital Technologies Ltd. (HIVE) also surged, up 12.06% to 5.67 CAD.
Other notable gainers included Metavista3D Inc. (DDD) in finance, up 13.64% to 1.25 CAD, and Biorem Inc. (BRM) in producer manufacturing, climbing 13.41% to 2.79 CAD. Neptune Digital Assets Corp. (NDA), a commercial services stock, gained 12.63% to 1.07 CAD with a “Strong Buy” rating.
Lastly, TFI International Inc. (TFII) in transportation rose 11.20% to 208.14 CAD.
Disclaimer: This information is for informational purposes only and does not constitute financial advice.