Top 5 Stock Gainers on TSXV

There was considerable activity on the TSX Venture Exchange on Tuesday, like every other day, and a number of stocks emerged as notable gainers amidst frenetic trading. This feature would provide you with a closer look at five stocks that made significant gains and could be worth tracking today.

POET Technologies Inc. (TSXV: PTK) (NASDAQ: POET) The designer and developer of the POET Optical Interposer and Photonic Integrated Circuits (PIC) was in prime focus yesterday as its stock ended up with gains of 25%. On April 17, POET Technologies Inc. announced that it had boosted its investor outreach initiatives through a pair of new engagements with outside service providers.

The company announced that it had retained the services of Hybrid Financial Ltd. to connect POET Technologies with select technology investors. The other outside service provider it contracted was LFG, which would take care of the digital marketing segment for POET Technologies. LFG would be responsible for content development and marketing through newsletters, social media channels, and online media.

Sintana Energy Inc. (TSX-V: SEI) (OTCQB: SEUSF) On April 21, the company was in the news after it provided the fifth update with regards to the ongoing exploration activities at the 2813A and 2814B blocks. The blocks are located in the Orange Basin in Namibia, which is one of the most prospective oil and gas regions in the world presently. At the time, Sintana Energy Inc. revealed that it had been successful in completing the first phase of the Mopane exploration campaign thanks to the end of the Mopane-1x Well Testing operations. Yesterday, Sintana Energy rallied strongly and delivered gains of 24%.

Critical Elements Lithium Corporation (TSX-V:CRE) (OTCQX:CRECF) The stock was in the middle of a rollicking rally yesterday and ended up with gains of as much as 11.5%. Critical Elements Lithium Corporation had been in focus on April 22 after it announced the results from the drilling program at its 100% owned Rose West Discovery. At the time, the company announced that the drilling program had completed 3670 meters of drilling across 31 holes during the course of the summer prospecting campaign in 2023.

West Vault Mining Inc. (TSXV: WVM) (OTCQX: WVMDF) There has been no news about the company in recent times, but the stock was in play yesterday and moved up by 10% for the day. On October 12, 2023, West Vault Mining Inc. hit the news cycle after it announced that it had been awarded a 1% net smelter return royalty. The royalty was for claims and other lands leased, owned, or were going to be acquired by the grantor. In return, the company provided the grantor with a copy of the geological and metallurgical data set on its Tonopah Divide Mining Company property.

Reconnaissance Energy Africa Ltd. (TSXV: RECO) (OTCQX: RECAF) On April 18, the company came up with an operations update regarding its activity pertaining to the petroleum exploration license 73. Reconnaissance Energy Africa Ltd. revealed at the time that, owing to the recently acquired deal financing, the company had attained a position from which it could commence drilling at the Naingopo exploration well located at the Damara Fold Belt. Yesterday, the Reconnaissance Energy Africa stock rallied by 7%.