TSXV Volume Stock Buzzers

The frenetic trading continued on the TSX Venture Exchange on Thursday, and a number of stocks emerged as major movers. Many of those notable movers will be on the radars of investors this morning as they look to discover new stocks. This feature would provide you with a closer look at five such movers.

Sintana Energy Inc. (TSX-V: SEI) (OTCQB: SEUSF) The company was not in the news cycle yesterday, but the stock was in play and ended the day with gains of as much as 17% amidst strong interest. On May 2, Sintana Energy Inc. announced that it had granted a total of 1650000 stock options and 2,400,000 restricted share units to some of its officers and directors.

One stock option could be exercised to pick up a common share in Sintana Energy for the price of C$1.08 up until May 1, 2034. The options would be vested in tranches over a period of two years. The restricted share units could be converted into a common share for no extra payment and would vest on May 1, 2025.

F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) The company saw its stock suffer from a strong correction yesterday as it ended the day with a drop of 7%. On May 16, F3 Uranium Corp. announced that it had revised the pricing of its private placement that had been meant to raise C$9,059,531.83 as per the previous announcement. As per the revised pricing, the company would offer a total of 16,071,429 flow-through units for the new blended price of C$0.5642 per unit on a buy-deal basis. The company would get gross proceeds in excess of C$10 million as per the revised pricing.

Guanajuato Silver Company Ltd. (TSXV:GSVR) (OTCQX:GSVRF) On May 23, the company announced its financial results for the three-month period ended on March 31, 2024. However, the market reacted negatively to the performance, and the Guanajuato Silver Company Ltd. stock declined by 7% for the day. The company generated record revenues of $17.8 million, which worked out to a 7% improvement on the revenues in the previous quarter. Additionally, net losses went down by 3% from the previous quarter to decline to $7.3 million. The realized metal prices were $23.37 per silver ounce and $2068 per gold ounce for the quarter.

Cornish Metals Inc. (TSX-V/AIM: CUSN) The mineral exploration and development firm is focused on its 100% owned as well as permitted South Crofty tin project located in Cornwall, United Kingdom. The Cornish Metals Inc. stock declined by 5% yesterday in reaction to the announcement of the company’s financial results for the quarter ended on March 31, 2024, the previous day. Operating expenses went up to $2,759,198 for the quarter as opposed to $924,120 in the prior year quarter. The cash balance with the company went down to $17 million, which reflected a drop of $9.1 million.

Dolly Varden Silver Corporation (TSXV: DV) (OTCQX: DOLLF) It was not a great day in the markets for the company’s shareholders, as the stock went down by 5% amidst a selloff. On May 21, Dolly Varden Silver Corporation announced that the 2024 Exploration Drill Program had commenced at the Kitsault Valley Project, which it owned in its entirety. Three drill rigs had been mobilized by the company, and exploration targets were being tested, it was revealed.