Today’s Top TSXV Stock Movers to Follow

The TSX Venture Exchange remains one of the most active stock exchanges, and every day, plenty of investors flock to the market to discover the latest stocks to follow. On Thursday, a number of stocks listed on the exchange recorded strong moves, and this feature would provide you with a closer look into five such stocks.

RecycLiCo Battery Materials Inc. (TSX.V: AMY) (OTCQB: AMYZF) It was a difficult day in the markets for the company’s shareholders as the stock declined by 12% on Thursday. On March 14, RecycLiCo Battery Materials Inc. came into focus after it announced that it had appointed an interim Chief Executive Officer in the form of Richard Sadowsky.

In the news release, the company announced that Sadowsky had been a member of the board since November 2023. Sadowsky, a lawyer based out of New York, had been a business consultant with over 40 years of experience in investment banking and complicated transactions.

Sintana Energy Inc. (TSX-V: SEI) (OTCQB: SEUSF) There was no news about the company yesterday, but the stock suffered from a selloff nonetheless and ended up with a decline of 9%. On March 14, Sintana Energy Inc. provided an update with regards to its exploration activities at the 2813A and 2814B blocks situated at the Orange Basin in Namibia. The Orange Basin is regarded as one of the most prospective oil and gas regions globally. At the time, the company announced that it had come across a major column of light oil in high-quality reservoirs.

Arbor Metals Corp. (TSXV: ABR) On Thursday, the mining company emerged as one of the notable movers, as its stock ended up with gains of 9%. On September 25, last year, Arbor Metals Corp. announced that its exploration team had been able to make important discoveries on the northern section of the Jarnet Lithium Project. The company revealed in the news release that a number of untested pegmatite outcrops had been identified in the region and were not too far away from the spot where the best samples had originated previously. The discovery had also led the exploration team to allocate more time and resources to a specific portion of the project.

Thesis Gold Inc. (TSXV: TAU) (OTCQX: THSGF) Given that the stocks rallied strongly and delivered gains of 8.5% on Thursday, they could be worth tracking today. While there was no news about Thesis Gold Inc. yesterday, the company provided details pertaining to the remaining assay results from its 2023 drilling program at its 100% owned Ranch Project. It was revealed that the gold step-out drilling at the Bingo Zone had intersected 8.46 g/t gold, 36.96 g/t silver, and 1.72% copper within 20 meters.

Northern Superior Resources Inc. (TSXV:SUP) (OTCQB:NSUPF) On April 2, the company announced that, along with 1348515 BC Ltd., the two companies had decided to raise the size of the financing pertaining to its Ontario spinout company. Northern Superior Resources Inc. stated in its news release that the size of the financing had been raised to more than C$5,250,000 from C$3,000,000 owing to considerable demand from some of the better-known gold investors. The spin-out company would be named ONGOLD Resources Ltd.