TSXV Stock Movers to Watch

Throughout the course of the week, there has been considerable activity on the TSX Venture Exchange, and many stocks have emerged as notable movers. This feature would provide you with a look into those stocks that made strong moves on Thursday and, hence, could be in action this morning as investors fire up their trading terminals.

Robex Resources Inc. (TSXV: RBX) The company had come into considerable focus yesterday, and the stock ended up delivering gains of 13% amidst strong interest. Robex Resources Inc. had been in the news on March 18 when it provided updates with regards to its operations in Guinea and Mali.

The company noted that following the updated resource estimate announced on December 22, 2023, for the Mansounia project in Guinea, the board of directors further updated and revised the development schedule. In Mali, the board of directors of the company re-evaluated the assumptions on the basis of the current operations and noted that the conditions had deteriorated further. Hence, the company expected the current operations to be concluded in June 2026.

Arbor Metals Corp. (TSXV: ABR) There was no news about the company this week, but its stock was nonetheless in action yesterday and clocked gains of 8% for the day. On September 25, 2023, Arbor Metals Corp. announced that its exploration team had made major discoveries at the northern section of the Jarnet Lithium Project.

It was also noted that a number of untested pegmatite outcrops had also been identified in the zone. The outcrops had been situated close to the best samples that had originated from the previous exploration programs.

GoviEx Uranium Inc. (TSXV: GXU) (OTCQX: GVXXF) On March 18, the company made an announcement about the sort of progress that had been made at the Madaouela Uranium Project, located in Niger. GoviEx Uranium Inc. announced at the time that the project was progressing apace, and that included the initial groundwork and the construction of an access road. Eventually, there would be thorough site clearance and terracing, and finally, the initial civil engineering construction. On Thursday, the GoviEx Uranium Inc. stock experienced some action and ended the day with gains of 7% as a consequence.

Brunswick Exploration Inc. (TSX-V: BRW) (OTCQB: BRWXF) Following a key announcement from the company on April 8, the stock experienced a selloff yesterday and slumped by 8%. On April 8, Brunswick Exploration Inc. announced that it had inked an agreement to buy back 0.5% NSR on some claims in the Mirage Project from Sirios Resources. The project is located in the Eeyou Istchee James Bay region of Quebec. It was also revealed that the company’s management was looking forward to the first set of results from the Winter 2024 exploration campaign at Mirage.

Emerita Resources Corp. (TSXV:EMO) (OTCQB: EMOTF) It was a tough day in the markets for the company’s investors as the stock declined by 5% on Thursday. While there was no news about Emerita Resources Corp. yesterday, the company made a key announcement on March 19. The company had announced at the time that the seasoned metallurgist Jorge A. Blacno Aviles had joined the Spanish senior management team as the Director of Metallurgy. Aviles had a successful career as a metallurgist in both smelting and mining operations, spanning more than a quarter of a century.