TSX: Canada and U.S. stocks start the week strong as oil prices rise
Canada’s main stock market began the week on a positive note. The S&P/TSX Composite Index went up by 141 points, reaching 30,613.45. This rise came...
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Canada’s main stock market began the week on a positive note. The S&P/TSX Composite Index went up by 141 points, reaching 30,613.45. This rise came...
Similarly, the S&P/TSX Venture Index, tracking emerging companies, saw a rise of 1.79 points, translating to a 0.003% gain, positioning it at 603.9. The index briefly touched a high of 603.9 and a low of 601.35.
Trilogy Metals Inc. (TSX: TMQ) saw a 116.67% increase, hitting CAD 1.56. Pluribus Technologies Corp. (TSX: PLRB) surged 200% to CAD 0.090, while Cansortium Inc. (TSX: TIUM.U) dropped by 41.94% to USD 0.090.
Omni Lite Industries Canada Inc. (TSX: OML) faced an 18.13% decline to CAD 1.31, while Verano Holdings Corp. (TSX: VRNO) decreased by 17.23% to CAD 3.65. Alpha Cognition Inc. (TSX: ACOG) dropped 16.67% to CAD 10.00.
Galaxy Digital Holdings Ltd. (TSX: GLXY) surged 15.82% to CAD 19.03, with a trading volume of 146.843K shares, reflecting optimism in finance.
The Bank of Montreal’s stock closed at CAD 126.33, up 0.89%, with a trading volume of 3.722 million shares and a relative volume of 0.79.
The S&P/TSX Composite Index was at 24,456.30 points, reaching a high of 24,483.17. The index rose by 68.40 points, or 0.28%.
The S&P/TSX Smallcap Index has also recorded gains, increasing by +2.72 points, or +0.33%, with a current level of 829.06.
Conversely, Justera Health Ltd. (VTAL) faced challenges, dropping -50% to 0.005 CAD. The decline was coupled with a volume of 2.97K, suggesting a potential reassessment of the company's position in the market.
Bank of Montreal (BMO) shows a positive change of 0.54%, trading at 125.90 CAD with a volume of 1.007 million shares. Its market capitalization is 91.337 billion CAD, featuring a P/E ratio of 14.59 and a dividend yield of 4.89%.
Gold Reserve Ltd (GRZ) is down 13.21% at 2.30 CAD, with a volume of 22.28 K. Its market cap is 299.549 M CAD, and it currently does not have a P/E ratio.
Rektron Group Inc (REK.U) has experienced a gain of 15.00%, currently priced at 1.84 USD, with a trading volume of 521 shares.
Canadian Natural Resources Ltd. (CNQ) recorded 241.962K in volume, totaling 11.561 million CAD and a slight increase of +0.31% to 47.78 CAD.
Capitan Investment Ltd. (CAI) and Monarca Minerals Inc. (MMN) both recorded 100.00% volatility. Capitan’s price fell −50.00% to 0.010 CAD with a volume of 33K, while Monarca also dropped −50.00%, trading at 0.005 CAD on a volume of 2K.
Other notable losers included STLLR Gold Inc. (STLR), which dropped −8.47% to 1.08 CAD, and Li-FT Power Ltd. (LIFT), which declined −7.49% at 3.21 CAD, both rated as "Strong Buy" stocks by analysts in the non-energy minerals sector.
Arizona Metals Corp. (AMC) advanced +20.00%, trading at 1.80 CAD with a volume of 698,236 and a relative volume of 2.55. In the non-energy minerals sector, the stock has a market cap of 213.915 million CAD, earning a "Strong Buy" rating from analysts.
In contrast, the S&P/TSX Smallcap Index rose by 2.92 points to 829.26, marking an increase of +0.35%.