Following were the major stock losers on the Canadian exchange on Tuesday. Keep an eye on the following stocks this week.

iMining Blockchain and Cryptocurrency Inc. (CVE:IMIN) was one of the biggest losers on the Canadian market on Tuesday. The stock fell 9.62% to close the session at C$0.2350. Total volume for the session stood at 786K shares, below its 30-day average volume of 1.11 million shares. The stock has lost 28% over the past week. IMIN stock opened at C$0.24 and moved within a range of C$0.2200 – 0.2400. Recently, the company announced after extensive research and testing that they are set to launch a staking service for cardano (ADA). This will be in addition to the staking services they currently offer, focused on Ethereum’s (ETH) proof-of-stake concept.

GTEC Holdings Ltd. (CVE:GTEC) continued to see selling pressure as the stock went down 1.50% to C$0.67. Total volume for the session was 162K. compared to its average volume of 657K shares. The stock moved within a range of C$0.6400 – 0.6800 after opening at $0.68. Recently, the company announced that revenues for the quarters ended March 31, 2021 and 2020 were approximately $8.8 million and $1.3 million, respectively, representing an approximate increase of $7.5 million or 554% and a sequential increase of approximately 80% from Q4 2020.

Unigold Inc. (CVE:UGD) stock ended lower on heavy volume. The stock decreased by 8.33% to C$0.165 on Tuesday. The stock saw an unusual volume with more than 1.07 million shares traded hands, compared to its daily average volume of 489K shares. UGD stock opened at C$0.19 and moved within a range of C$0.1600 – 0.1900. The stock has fallen about 37% over the past month. Earlier this week, the company reported that the Technical Report titled “Updated Mineral Resource Estimate And Preliminary Economic Assessment For The Oxide Portion Of The Candelones Project, Neita Concession, Dominican Republic” has been filed on SEDAR.