- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Canadian Stock Exchange: Matica Graphite Eyes Medical Marijuana Prospects
Matica Graphite, Shoal Point Energy, Debut Diamonds, Far Resources and Vinergy Resources had the highest trading volumes on the CSE last week.
Many junior resource companies on the Canadian Stock Exchange achieved high trading volumes last week.
The five that had the highest volumes were Matica Graphite (CSE:GRF), Shoal Point Energy (CSE:SHP), Debut Diamonds (CSE:DDI), Far Resources (CSE:FAT) and Vinergy Resources (CSE:VIN).
Matica Graphite
Matica Graphite traded 1,830,000 shares last week, during which time its highest price was $0.055. The company operates in Buckingham Township in Quebec, an area that has produced great amounts of graphite in the past. However, it is always looking for graphite opportunities in other parts of the world.
Last week, Matica released a news report clarifying a release regarding the possibility that it will acquire medical marijuana projects. The company wished to make it clear that it will only enter that space if it finds a suitable target project and agreement, and then only after clearing Health Canada’s regulations on marijuana production.
Shoal Point Energy
Shoal Point Energy traded 1,265,700 shares last week, hitting a high of $0.015. The company has a 100-percent interest in shallow rights in Newfoundland that cover around 150,000 acres of oil in shale in Port au Port Bay. They can be developed almost entirely from land.
The company also has an agreement with Ptarmigan Energy that will allow it to earn 80-percent interest in Ptarmigan’s Green Point shale property. Shoal is based in Vancouver, and recently completed appointments to its advisory board, according to a news release.
Debut Diamonds
Debut Diamonds traded 1,209,100 shares last week, obtaining a high of $0.055 per share. The company acquires, explores for and develops mineral properties, concentrating on exploring for diamond deposits hosted in kimberlite.
Currently, Debut is working with diamond-bearing kimberlite discoveries in Northern Ontario and completing additional exploration in the area. The company has joint venture projects as well as its wholly owned exploration sites.
Far Resources
Far Resources traded 1,127,000 shares last week and was at its highest at $0.06 per share. The company explores for gold, silver and copper assets with significant potential for production and advancement. Its flagship Winston property is in New Mexico’s Black Range mining district.
The company also holds interests in the Silver Switchback and Tchentlo Lake properties, both of which are copper-gold exploration sites in British Columbia. On May 26, Far Resources announced that it intends to conduct a non-brokered private placement to raise up to $200,000.
Vinergy Resources
Vinergy Resources traded 1,077,500 shares last week, achieving a high of $0.015 per share. Vinergy Resources is an oil and gas exploration company concentrating on resources in Western Canada.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.