Market Movers

Major TSXV’s Stock Movers On Thursday

Mar 22, 2024
Major TSXV’s Stock Movers On Thursday

Investors scout a range of exchanges every day in order to discover stocks that may be making strong moves. One of the more popular exchanges to look into is the TSX Venture Exchange. On Thursday, there were a large number of stocks that had made strong moves. This feature would provide a look at five of the more notable movers.

Sintana Energy Inc. (TSX-V: SEI, OTCQB: SEUSF) The company had come into focus yesterday, and its stock moved strongly to end up with gains of 4%. On March 14, Sintana Energy Inc. was in the news cycle after it came up with updates about the on-going exploration work at blocks 2813A and 2813B, situated at the Orange Basin in Namibia. The company announced at the time that there had been a new discovery of significant amounts of light oil in high-quality reservoirs. The company noted that the discovery was also a demonstration of the timeliness of its entry into Namibia.

Robex Resources Inc. (TSXV: RBX) Earlier this week, the company provided an update about its corporate strategy in Mali and Guinea. Robex Resources Inc. announced on March 18 that its board and management had updated the development schedule after having been provided with the updated resource estimate at Masnsounia on December 18, 2023.

The rising costs of energy and challenging conditions in Mali also prompted the management to change its projections about the operations in the country. Robex Resources stated that it expected the current operation to be concluded by June 2026. The stock of Robex Resources went up 13% yesterday.

G2 Goldfields Inc. (TSXV: GTWO) (OTCQX: GUYGF) The company saw its stock come into action on Thursday and end up clocking gains of 7% for the day. On February 22, G2 Goldfields Inc. made an announcement about the assay results pertaining to 20 diamond drill holes that had been completed not too long ago at the company’s Ghanie Zone, located in Guyana. In the news release, it was noted that the results provided confirmation that structured and structurally controlled shoots occurred in a range of mineralization styles at the Ghanie Zone deposit.

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Perimeter Medical Imaging AI Inc. (TSXV: PINK) (OTC: PYNKF) The commercial-stage medical technology company was on the radars of investors yesterday, and its stock went down by 11% amidst a strong selloff. On March 20, Perimeter Medical Imaging AI Inc. came up with certain key announcements. The company would showcase its Perimeter S-Series OCT technology at an international event staged by the Society of Surgical Oncology. It was announced at the time that the event was going to take place from March 20 to March 22 in Atlanta, Georgia.

Laurion Mineral Exploration Inc. (TSXV: LME) (OTC: LMEFF) It was not a great day in the markets for the company’s shareholders yesterday, as the stock declined by 9%. On February 23, Laurion Mineral Exploration Inc. provided an overview of its 2024 exploration program at the Ishkoday Property. The company confirmed that the exploration plan was in alignment with the endorsement provided by the author of the technical report for the property.