Following were the major stock losers on the Canadian exchange on Thursday. Keep an eye on the following stocks this week.
AnalytixInsight Inc. (CVE:ALY) was one of the biggest losers on the Canadian market on Thursday. The stock fell 14.81% at C$0.69. Total volume for the session stood at 855K shares, compared to its 30-day average volume of 212K shares. The stock has lost 7% over the past month. ALY stock opened at C$0.69 and moved within a range of C$0.6500 – 0.7000. the company announced the pricing of its previously-announced overnight marketed public offering and that it has entered today into an underwriting agreement with a syndicate of underwriters led by Canaccord Genuity Corp. and Cantor Fitzgerald Canada Corporation, acting as the co-lead underwriters and joint bookrunners, and including Roth Canada, ULC, to sell 11,500,000 units of AnalytixInsight at a price of $0.70 per Unit for aggregate gross proceeds of $8,050,000, exclusive of the Over-Allotment Option described below.
Therma Bright Inc. (CVE:THRM) stock corrected 8.33% to C$0.385. Total volume for the session was 1.08 million shares, compared to its average volume of 1.66 million shares. The stock moved within a range of C$0.3750 – 0.4150 after opening at C$0.4050. Recently, the company provided the following update on its Brazilian clinical study of its innovative 15- minute COVID-19 antigen saliva test.
Datametrex AI Limited (CVE:DM) stock was trading lower on heavy volume. The stock decreased by 6.38% to C$0.22 on Thursday. The stock saw an light volume with more than 1.56 million shares traded hands, compared to its daily average volume of 1.85 million shares. DM stock opened at C$0.235 and moved within a range of C$0.2200 – 0.2350. The stock has fallen about 14% over the past week.
Recently, the company announce that it has received additional Purchase Orders (P.O.) for approximately $550,000 CAD from three divisions of LOTTE Group (“LOTTE”), the Incheon International Airport Corporation (“IIAC”) and the Shinhan Financial Group (“Shinhan”), located in Seoul, South Korea.
