📈 🇨🇦 TSX Movers: Top Gainers & Losers (Jan 24th)

Here's a summary of the top-performing and underperforming stocks on the Toronto Stock Exchange (TSX) over the past week (Jan 20-24)

📈 Top Gainers

SPONSORED CONTENT

Seeking impartial news? Meet 1440.

Every day, 3.5 million readers turn to 1440 for their factual news. We sift through 100+ sources to bring you a complete summary of politics, global events, business, and culture, all in a brief 5-minute email. Enjoy an impartial news experience.

Join for free today!

📉 Bottom Losers

📰 Market Highlights

Fennec Pharmaceuticals Inc (FRX-T): The company gained 13.92% this week after reporting strong adoption of its flagship product PEDMARK®, designed to prevent hearing loss in children undergoing chemotherapy. Analysts have revised their target prices upward. Source

Medexus Pharmaceuticals Inc (MDP-T): A 10.07% surge was driven by a record quarterly revenue announcement. Medexus highlighted its strategy of expanding into new markets, bolstered by the success of its treosulfan and IXINITY® products. Source

Kits Eyecare Ltd (KITS-T): The stock climbed 8.55% as the company reported strong Q4 sales growth, attributed to an increase in online sales of eyeglasses and contact lenses. The company also announced plans to expand its virtual try-on technology. Source

5N Plus Inc (VNP-T): Up 7.23%, 5N Plus reported increased demand for its specialty semiconductor materials, especially from the renewable energy and healthcare industries. Source

Stingray Digital Group Inc (RAY-A-T): Gaining 7.07%, Stingray’s strong performance came from its expanding advertising platform and increasing market share in streaming music and media services. Source

Gran Tierra Energy Inc (GTE-T): Down 5.34%, Gran Tierra struggled this week as falling crude oil prices and weaker-than-expected production numbers weighed on investor sentiment. Source

Novagold Resources Inc (NG-T): Declined 4.43% following a pullback in gold prices amid a stronger U.S. dollar. Novagold’s long-term prospects remain tied to its flagship Donlin Gold project. Source

Aimia Inc (AIM-T): Dropped 3.86%, as investors expressed concerns over its ongoing restructuring efforts and weaker-than-expected results from its latest strategic acquisition. Source