Notable Stocks Movers on TSXV

As the week continues to progress, investors are, as usual, on the lookout for stocks that have been active in recent days. On Tuesday, a number of stocks had made notable moves either way and could be in play this morning again. This feature would provide you with a quick look into five stocks that could be worth looking into.

High Tide Inc. (Nasdaq: HITI) (TSXV: HITI) The high-impact and retail-focused company is focused on delivering value across the entire cannabis value chain. On April 30, the High Tide Inc. stock rallied by 16% after it was confirmed by the Attorney General that cannabis had been reclassified as a Schedule III substance by the United States Department of Justice. The reclassification would lead to a formal process of rule-making as had been prescribed in the Controlled Substances Act by Congress. It was noted that the development marked a major historic moment in cannabis reforms in the United States. The move was expected to lead to growth in the legal cannabis sector in the United States, as further noted.

Westbridge Renewable Energy Corporation (TSXV: WEB) (OTCQX: WEGYF) Although there was no news about the company yesterday, the stock was in play and clocked gains of 5%. On March 18, Westbridge Renewable Energy Corporation announced that its move to commence a normal course issuer bid (NCIB) program had been approved by the TSX Venture Exchange. At the time, the company had 99254451 issued and outstanding shares. Under the terms of the approved NCIB, the company could pick up a maximum of 4962722 common shares. That made up around 5% of the issued and outstanding shares in Westbridge Renewable Energy.

Reconnaissance Energy Africa Ltd. (TSXV: RECO) (OTCQX: RECAF) In light of the 5% rally in the company’s stock yesterday, it could be a good time to take a look into the developments from April 18. At the time, Reconnaissance Energy Africa Ltd. provided an operations update pertaining to the activities related to the Petroleum Exploration License in North East Namibia. It was announced that following the closure of the upsized deal financing, the company was in a position to start drilling at the Naingopo exploration well. It was also revealed at the time that Reconnaissance Energy Africa was a sponsor of the Namibia International Energy Conference that took place in Windhoek, Namibia, from April 23 to April 25.

Century Lithium Corp. (TSXV: LCE) The company’s shareholders had a trying day in the markets yesterday as the stock declined by 12% amidst a selloff. Yesterday, the Chief Executive Officer of Century Lithium Corp., Bill Willoughby, went on an interview with Proactive’s Steve Darling. During the interview, the CEO revealed some of the promising results from the thorough feasibility study that had been conducted at the company’s Clayton Valley Lithium Project, located in Nevada. The analysis performed by the company revealed a bright future for the project, Willoughby asserted.

ATEX Resources Inc. (TSXV: ATX) Yesterday, the company announced the entirety of its assay results from the drill hole ATXD25, the fourth hole from the Phase IV drilling initiative at the Valeriano Copper-Gold Project. The news, however, led to a selloff in the ATEX Resources Inc. stock, as it ended the day with a decline of 10%. The drilling activity managed to intersect 114 meters of 0.88% CuEq in a wider interval of 862.2 meters, comprising 0.62% CuEq.