Following were the top gainers on the Canadian exchange on Wednesday. Keep an eye on the following stocks this week.
Nubeva Technologies Ltd. (CVE:NBVA) was the major percentage gainer on the Canadian market on Wednesday. The stock soared C$0.17 or 17% to close the session at C$1.16. Total volume for the session stood at 314K shares, well above its 30-day average volume of 310K shares. Investors reacted positively to the company’s announcement that its first customer win with a “tier-1” network operator and service provider to enable advanced network monitoring of core communications infrastructure.
Oroco Resource Corp. (CVE:OCO) was another winner among the top winners as the stock went up C$0.36 or 11.84% to end the session at $3.40. The stock saw an unusual volume with more than 550K shares traded hands, compared to its daily average volume of 185K shares. The stock has soared 80% over the past 6-month. Last week, the company announced the receipt of the final data for its recently completed 3D IP geophysical survey at its Santo Tomas Project in north-western Mexico. The survey results clearly correlate chargeability and resistivity features with known mineralization and alteration zones related to the mineralising events, and with geological mapping in the area of historical drilling and resource delineation.
Quisitive Technology Solutions, Inc. (CVE:QUIS) continued to gain momentum on Wednesday. QUIS stock leaped by 11.54% to C$1.45. Total volume for the session was 1.12 million shares – well above its average volume of 355K shares. The stock opened at C$1.30 and moved within a range of C$ 1.3000 – 1.4800. The stock has been witnessing a nice uptrend over the past 6-month with a gain of 51%. Recently, the company reported that revenue increased to $12.7 million compared to $10.9 million for the quarter ended March 31, 2020. Net loss was $1.9 million or loss of $(0.01) per share compared with net loss of $4.3 million or a loss of $(0.04) per share for the three months ended March 31, 2020.