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Canadian stocks showed upward movement, with companies in diverse sectors achieving substantial gains. Here’s a summary of the top gainers:
Eastwood Bio-Med Canada Inc. (EBM) led the market with a 26.67% surge, bringing its share price to 0.95 CAD. With a market cap of 52.009 million CAD, this health technology stock posted the largest gain by percentage, reflecting optimism in the biotech space.
Maxim Power Corporation (MXG) advanced 15.65% to 5.10 CAD. This utilities stock saw an increase in trading volume at a relative volume of 1.15 and a P/E ratio of 12.66, supported by a market cap of 222.99 million CAD.
Illumin Holdings Inc. (ILLM) climbed 14.71% to 1.95 CAD, with strong trading activity reflecting a relative volume of 3.56. This technology services company, with a market cap of 86.405 million CAD, earned a “Strong Buy” rating.
Mattr Corp (MATR) showed a 13.98% gain, reaching 14.92 CAD. With a market cap of 852.05 million CAD and a P/E ratio of 23.94, this process industries stock has attracted investor attention with its positive outlook.
Western Exploration Inc. (WEX) rose 9.77% to 1.46 CAD. This non-energy minerals stock, with a market cap of 49.353 million CAD, maintained investor interest despite lower trading volume.
IAMGOLD Corp (IMG) saw an 8.93% rise, reaching 8.05 CAD. A major player in non-energy minerals, IAMGOLD holds a market cap of 4.215 billion CAD, with analysts giving it a “Buy” rating.
TELUS International (CDA) Inc. (TIXT) gained 8.74% to 5.97 CAD, trading actively with a market cap of 1.51 billion CAD. This technology services stock is in recovery mode despite a challenging year.
Healwell AI Inc. (AIDX), a health services provider, rose 8.61% to 1.64 CAD, with a market cap of 296.986 million CAD. The company received a “Strong Buy” recommendation, indicating high investor confidence.
BriaCell Therapeutics Corp (BCT) grew by 8.25%, with its share price at 1.05 CAD. This health technology stock, valued at 35.098 million CAD, continued to show resilience and positive sentiment.
Superior Plus Corp (SPB) gained 7.86%, reaching 6.04 CAD. With a P/E ratio of 74.11 and a market cap of 1.392 billion CAD, this distribution services stock benefited from market interest and a “Buy” rating from analysts.
Disclaimer: The information provided is for general informational purposes only and does not constitute financial advice. Stock prices and percentage changes reflect the status at 9:57 AM ET and may vary throughout the day.