Top Canadian Active Stock Losers: CVE:CSTR, CVE:DMGI, CVE:RHC

Ankit Singhania

April 19, 2025

CryptoStar Corp. (CVE:CSTR) is the active buzzer on the Canadian market on Tuesday. The stock fell 10% to C$0.18. Total volume for the session stood at 3.22 million shares, compared to its 30-day average volume of 7.51 million shares. The stock has lost 28% over the past month. CSTR stock opened at C$0.185 and moved within a range of C$0.1700 – 0.1850. Recently, the company announced that operations have commenced in Alberta, Canada and the first containers housing GPU and ASIC miners have been gradually deployed over the past several weeks.

DMG Blockchain Solutions Inc. (CVE:DMGI) continued to see selling pressure as the stock went down 7.14% to C$0.78. Total volume for the morning session was 2.86 million shares compared to its average volume of 2.77 million shares. The stock moved within a range of C$0.7200 – 0.8100 after opening at C$0.80. Today, the company announced a $3-million strategic investment in Ottawa-based Brane Capital, a leading cryptocurrency and digital asset custodian. DMG has agreed to purchase 8.0 million units of Brane at a unit price of $0.375 per unit. Each unit is composed of one common share in the capital of the Brane and one half of a common share purchase warrant.

Royal Helium Ltd. (CVE:RHC) is another active buzzer as the stock is witnessing very unusual volume. RHC stock decreased by 6.45% to C$0.58. The stock saw an unusual volume with more than 2.20 million shares traded hands, compared to its daily average volume of 818K shares. RHC stock opened at C$0.62 and moved within a range of C$0.5500 – 0.6200. The stock has soared about 107% over the six months.

Today, the company announced prospectus offering of units (“Units”) on a bought deal basis of 34,500,00 Units, issued at $0.50 per Unit, for gross proceeds of $17.25 million (the “Offering”), inclusive of 4,500,000 Units issued pursuant to the full exercise of the over-allotment option granted to the underwriters on closing of the Offering.

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