Active stock buzzers on TSXV

The TSX Venture Exchange is one of the more popular stock exchanges, and every day legions of investors flock to it in order to track the more active stocks. Yesterday, there were a number of stocks that attracted considerable attention from investors. This feature would provide you with a look into five stocks that were particularly active.

GoviEx Uranium Inc. (TSXV: GXU) (OTCQX: GVXXF) The company continued to be on the radars of investors yesterday, and its stock ended up with gains of 13% on Monday. On March 18, GoviEx Uranium Inc. made an announcement with regards to the progress that it had been able to make at the Madaouela Uranium Project located in Niger.

The company revealed that the project was moving ahead and that initial groundwork was being completed. Additionally, work was being done on the construction of an access road, which would be followed by thorough site clearance and terracing. Eventually, there would be civil engineering construction on the project.

Guanajuato Silver Company Ltd. (TSXV:GSVR) (OTCQX:GSVRF) Although there was no news about the company yesterday, the stock was one of the more active ones and clocked gains of 2%. On March 15, Guanajuato Silver Company Ltd. announced that it had granted restricted stock units and stock options to some of its employees, consultants, directors, and officers.

The grants had been made by the company as per the provisions of its stock option plan and the omnibus equity compensation plan. The stock options granted by the company were for 4.2 million shares of Guanajuato Silver Company.

Quisitive Technology Solutions Inc. (TSXV: QUIS) (OTCQX: QUISF) The noted Microsoft Cloud and AI solutions providing company saw its stock clock gains of 23% yesterday, and that took the gains made in the past week to 48%. On March 27, Quisitive Technology Solutions Inc. announced that it had entered into a definitive stock purchase agreement by way of which it sold its business unit, BackCard USA Merchant Services Inc., to BUSA Acquisition Co. The transaction was a strategic move from the company so as to devote its entire focus on the core Microsoft Cloud and AI solutions businesses.

Cornish Metals Inc. (TSXV: CUSN) The week did not start off on a great note for the company’s shareholders, as the stock declined by 13% on Monday. Investors who may be looking out for a recovery ought to note that on March 21, Cornish Metals Inc. announced financial results for the period ended December 31, 2023. The company announced that its operating expenses went up to $4589889 in the period. Additionally, it also received interest income to the tune of $1.7 million thanks to the higher interest rates that it received owing to its higher cash balance.

Frontier Lithium Inc. (TSXV: FL) (OTCQX: LITOF) Having been one of the most actively traded stocks yesterday, it delivered gains of 16% yesterday. On March 4, Frontier Lithium Inc. announced that it had entered into an agreement with Mitsubishi Corporation for the purpose of setting up a joint venture partnership. The joint venture would be focused on the PAK Lithium Project mine as well as the lithium project conversion facility that had been planned.