Top Canadian Stock Gainers: CVE:CNX, CVE:ORE, CVE:AAZ

Ankit Singhania

October 31, 2024

Following are the top gainers on the Canadian exchange on Tuesday. Keep an eye on the following stocks this week.

Callinex Mines Inc. (CVE:CNX) is the biggest percentage gainer on the Canadian market on Tuesday. The stock soared C$0.46 or 14% to C$3.75. Total volume for the session stood at 88K shares, well above its 30-day average volume of 15K shares. Investors reacted positively to the company’s announcement that additional drill results from the ongoing 30,000m drilling campaign to expand the high-grade copper, gold, silver and zinc Rainbow Deposit (the “Rainbow”).

Orezone Gold Corporation (CVE:ORE) is another winner among the top winners as the stock went up C$0.19 or 13% to $1.33. Moreover, the stock made a new high of $C$1.70 this morning. The stock saw an unusual volume with more than 1.02 million shares traded hands, compared to its daily average volume of 185K shares. The stock has soared 50% over the past week. This morning, the company announced initial results from its ongoing drilling program to test the expansion potential at the P17S deposit at its Bomboré Gold Project, located in Burkina Faso.

Azincourt Energy Corp. (CVE:AAZ) continued to gain momentum. AAZ stock leaped by 7% to C$0.08. Total volume for the session was 1.82 million – almost twice its average volume of 1 million shares. The stock opened at C$0.08 and moved within a range of C$0.0700 – 0.0800. Today, the company announced results have been received from the recent diamond drill program at the East Preston uranium project, located in the western Athabasca Basin, Saskatchewan, Canada.

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