CVE Bounce List: CVE:HAN, CVE:MIR, CVE:ALTA
Following were the major stock losers on the Canadian exchange on Monday. Keep an eye on the following stocks this week.
Hannan Metals Ltd. (CVE:HAN) was one of the biggest losers on the Canadian market on Monday. The stock fell 16.22% at C$0.31. Total volume for the session stood at 240K shares, compared to its 30-day average volume of 117K shares. Recently, the company announced that its joint venture partner in Peru, Japan Oil, Gas and Metals National Corporation has confirmed a US$2M budget from April 2021 through to March 2022 for the San Martin project.
MedMira Inc. (CVE:MIR) stock corrected 12.90% to C$0.1350. Total volume for the session was 794K shares, compared to its average volume of 472K shares. The stock moved within a range of C$0.1350 – 0.1600 after opening at C$0.160. Recently, the company announced said that revenues in Q2 FY2021 of $347,443 compared to $95,012 in Q2 FY2020. The Company recorded a net loss of $415,931 compared to $614,306 in Q2 FY2020.
Altamira Gold Corp. (CVE:ALTA) stock was trading lower on heavy volume. The stock decreased by 12.50% to C$0.3150 on Monday. The stock saw an light volume with more than 658K shares traded hands, compared to its daily average volume of 238K shares. ALTA stock opened at C$0.355 and moved within a range of C$0.2800 – 0.3600.
Last week, the company announced that 11 lines of the Induced Polarization (“IP”) survey have now been completed over the Mutum gold target at its 100% controlled Apiacas gold project in Brazil.
