📈 🇨🇦 TSX Movers: Top Gainers & Losers

Week Ending January 17, 2025

Author

Qayyum Rajan
January 18, 2025

Here's a summary of the top-performing and underperforming stocks on the Toronto Stock Exchange (TSX) over the past week.

📊 Top Gainers

🟢 Symbol

🟢 Name

🟢 Last Price (CAD)

🟢 % Change

✅ VLN.TO

Velan

17.35

🟩🟩🟩🟩🟩🟩 +57.73%

✅ BRAG.TO

Bragg Gaming Group

5.86

🟩🟩🟩🟩🟩 +21.07%

✅ OPT.TO

Optiva

4.50

🟩🟩🟩🟩🟩 +15.68%

✅ HUT.TO

Hut 8

38.97

🟩🟩🟩🟩🟩 +15.33%

✅ PNP.TO

Pinetree Capital

13.18

🟩🟩🟩🟩🟩 +14.61%

📉 Top Decliners

🔴 Symbol

🔴 Name

🔴 Last Price (CAD)

🔴 % Change

❌ CSCI.TO

Cosciens Biopharma

4.28

🟥🟥🟥🟥🟥 -14.40%

❌ AFN.TO

Ag Growth International

40.70

🟥🟥🟥🟥🟥 -13.83%

❌ MPCT-UN.TO

Dream Impact Trust Units

3.16

🟥🟥🟥🟥🟥 -10.23%

❌ WEED.TO

Canopy Growth

3.16

🟥🟥🟥🟥🟥 -10.23%

❌ BLDP.TO

Ballard Power Systems

2.30

🟥🟥🟥🟥🟥 -9.45%

📰 Market Highlights

  • Velan (+57.73%): Velan Inc.'s stock surged this week, reaching a new 52-week high of C$15.83, attributed to strong quarterly earnings and strategic initiatives. Read more

  • Bragg Gaming Group (+21.07%): Bragg Gaming reported record third-quarter 2024 revenue of €26.2 million, a 16% year-over-year increase, driven by a 40% growth in proprietary online content revenue. Read more

  • Optiva (+15.68%): Optiva launched its next-generation converged Optiva Charging Engine, featuring AI-based personalization for real-time digital customer experiences, enhancing its competitive edge. Read more

  • Hut 8 (+15.33%): Hut 8 Corp's stock rose due to speculation of a potential partnership with Meta on a $12 billion AI data center project, alongside strong quarterly earnings and Bitcoin price increases. Read more

  • Pinetree Capital (+14.61%): Pinetree Capital increased its stake in TruBridge to 14.8%, up from 13.1% reported in March, reflecting strategic investment growth. Read more

  • Ag Growth International (-13.83%): Ag Growth faced supply chain disruptions, including steel supply and logistics delays, impacting project timelines and revenue recognition. Read more

  • Canopy Growth (-10.23%): Canopy Growth's stock declined amid lower sales, regulatory challenges, and legal risks within the cannabis industry. Read more

Full insights:

📈 TSX Weekly Movers: Top Gainers and Losers This Week

TSX top gainers, TSX losers, TSX declines, TSX weekly update

wealthawesome.com/tsx-weekly-movers-top-gainers-and-losers-this-week

Do you find these weekly updates useful?

Feel free to reply to this email with any suggestions

Login or Subscribe to participate in polls.

SPONSORED CONTENT

This tech company grew 32,481%..

No, it's not Nvidia. It's Mode Mobile, 2023’s fastest-growing software company according to Deloitte.

They’ve just been granted their Nasdaq stock ticker, and you can still invest at just $0.26/share.

*Mode Mobile recently received their ticker reservation with Nasdaq ($MODE), indicating an intent to IPO in the next 24 months. An intent to IPO is no guarantee that an actual IPO will occur.
*The Deloitte rankings are based on submitted applications and public company database research, with winners selected based on their fiscal-year revenue growth percentage over a three-year period.
*Please read the offering circular and related risks at invest.modemobile.com.

Reply

or to participate.