5 Top Weekly Stocks in Germany and Canada

There is a noticeable pattern of companies with cross listings in the Canadian and German markets experiencing high trade volumes from German exchange listings. 

Watching this correlation can be beneficial for investors for a number of reasons. You can click here to learn about some of those reasons, and then read on for a look at the top cross-listed traders in Germany and Canada last week:

• Monday — Global Hemp Group (GHG)
• Tuesday — M Pharmaceutical (CNSX MQ, FF, MU, TG: T3F2, SG: CA55346E2050)
• Wednesday and Thursday — Marapharm Ventures (CNX: MDM; BE, FF, MU, TG: 2M0, SG: CA56575M1086)
• Friday — Supreme Metals (CNQ: ABJ, BE, FF, TG: A68)

Overall, last week saw Canada-based cannabis companies continue to trade at high volumes on the back of various news releases. Meanwhile, the lithium market competitively led the resource sector due to ongoing developments in the green energy technology sector. 

Monday May 22 — Global Hemp Group

Monday was Victoria Day in Canada, so exchanges were closed. The German market saw extremely high volumes, namely for Global Hemp Group (BE, DB, FF, MU, SG, CNQ: GHG), the top trader of the day. Global Hemp Group’s vision is to supply raw hemp to different sectors and pursue acquisitions or joint ventures.

German trading volume: 4,699,825

• BE: 0
• DB: 53,025
• FF: 4,590,300
• MU: 0
• SG: 56,500

Tuesday May 23 — M Pharmaceutical

Tuesday’s top trader in Germany was M Pharmaceutical (CNSX MQ, FF: T3F2, MU: T3F2, SG: CA55346E2050, TG: T3F2). M Pharmaceutical is a biomedical pharmaceutical company that is focused on developing treatments for sufferers of obesity, infertility and intimacy. In February, the company received approval for a license to develop further treatments for female health and wellness. 

Canadian trading volume: 690,435

• CNQ: 690,435

German trading volume: 682,000

• FF: 183,000
• MU: 0
• SG: 74,000
• TG: 425,000

Wednesday May 24 and Thursday May 25 — Marapharm Ventures

Marapharm Ventures (CNX: MDM; BE, FF, MU, TG: 2M0, SG: CA56575M1086) is an early stage publicly owned medical cannabis corporation operating out of BC. It also holds properties in Las Vegas, Nevada and Washington State. The company’s Nevada licensing application to begin growing and distributing marijuana was approved last week. As mentioned, Marapharm was the top cross-listed trader on both Wednesday and Thursday.

Canadian trading volume (Wednesday): 414,339

• CNQ: 414,339

German trading volume (Wednesday): 918,725

• BE: 28,029
• FF: 240,655
• MU: 8,000
• SG: 43,506
• TG: 598,535

Canadian trading volume (Thursday): 670,131

• CNQ: 670,131

German trading volume (Thursday): 1,521,407

• BE: 79,250
• FF: 297,419
• MU: 6,850
• SG: 98,715
• TG: 1,039,173

Friday May 26 — Supreme Metals

Lastly, Supreme Metals (CNQ: ABJ, BE, FF, TG: A68) is a Vancouver-based energy metals exploration company with property holdings in Nevada and the Iberian Peninsula. Supreme Metals has recently been negotiating drilling permits for its properties in Spain, Morocco and Portugal. Its latest news relates to a corporate update involving a change in board members. 

Canadian trading volume: 283,499

• CNQ: 283,499

German trading volume: 1,750,035

• BE: 0
• FF: 1,273,499
• TG: 476,536

By Megan Keevil

Data in this article was obtained from https://app.zimtuadvantage.com the only free online tool that helps users easily monitor cross listed stocks in the German and Canadian marketplace.

Disclaimer: The views and opinions in this article are those of the authors and do not reflect the view of Investing News Network or the company examples provided. The author is employed by Zimtu Capital in Vancouver. The author holds no direct investment interest in any company mentioned in this article. 

About the author — Megan grew up in Vancouver and has been working in the mineral resource industry for a number of years, both in offices and on site. She has a passion for travel and has spent time living in Australia and the UK. Having returned from living in London last fall, Megan currently works as marketing and client relations associate in Vancouver. She enjoys live music, writing, film, photography and recently started making her own soap products.