Highlighted NEX Stocks For October 18th

Forty-one NEX stocks traded on Thursday. Of these, 4 advanced, 11 declined and 26 remained unchanged. There were 158 trades. The top trader in terms of raw volume was Mazarin Inc. [NEX: MAZ.H], with 464,500 shares traded. According to the TSX Venture closing summary, the top trader in terms of value of shares traded for Thursday was Mazarin as well. One of Mazarin's seven trades was odd-lot-sized; it went at 5 cents/share. The others all went for 7 cents/share, leaving MAZ.H unchanged since Wednesday's close. Four of the trades, comprising 433,000 shares, were sold through an anonymous financial institution; three of those trades, whose volumes totaled 383,000 shares, were put through an anonymous financial institution on the buy side. Mazarin placed second on the top ten daily-turnover list, found below.

Three NEX stocks traded more than ten times on Thursday. The most numerous trader in terms of number of trades was Silvio Ventures [NEX: SIV.H], with 23 trades. All but five of them were odd-lot-sized trades, and all of them were bought through PI Financial. The first seven of the odd-lot'ers were made at 48 cents/share, and the others were made at 47 cents/share. The first three of the five board-lot-sized trades went at 51 cents/share, and the other two went at 50 cents/share. Silvio closed at that same 50 cents/share, down 1 cent/share on the day on volume of 10,470 shares.

The second most numerous trader was Biomerge Industries Ltd. [NEX: BIL.H]. Four of Biomerge's twelve trades were odd-lot-sized, and they were all bought through PI Financial. Those four went for 0.5 cents/share each. The eight board-lot-sized trades all went at 2 cents/share. The first nine of the day, which went within five minutes of each other, all had Desjardins as the sell-side financial institution: total volume for all nine was 31,400 shares. Biomerge closed unchanged, at that same 2 cents/share, on 42,700 shares.

Third on the most-numerous trader list for Thursday was Challenger Development Corp. [NEX: CDQ.H], with 11 trades. The first trade, of 5,000 shares, went at 39.5 cents/share. This price was equal to Wednesday's close, and was also the high of the day; it was matched by three other trades. The second went for 38.5 cents/share, and the three following went at the day's low of 37 cents/share. After getting back to 39.5 cents/share two trades subsequent, the price went down to 39 cents/share for one trade but then returned to 39.5 cents/share for the third- and second-last trades. That last sunk the price of Challenger back down to 39 cents/share, down 0.5 cents/share on the day on total daily volume of 65,000 shares. 60,000 of those shares were sold through an anonymous financial institution; 50,000 of them were bought through Canaccord. Challenger placed third on the top ten daily-turnover list, found below.

The top percentage gainer in Thursday's trading was Fairchild Investments Ltd. [NEX: FIC.H], which closed at 5.5 cents/share for a gain of 4 cents/share, or 266.7%, on the day. Despite the infrequency of trading in Fairchild, the last close of 1.5 cents/share was established on Monday; that close made a new 52-week low in the stock's price. Thursday's close was effected by one trade of 1,000 shares at about 2:37 PM ET.

The top percentage decliner for Thursday was YSV Ventures Inc. [NEX: XSV.H], which closed at 3 cents/share for a decline of 1 cent/share, or 25%, on the day. There were two trades in YSV on Thursday, but one of them was an odd-lot'er of 200 shares; so, the other trade of 14,000 shares put the price at the 3-cent close. Both of these trades were sold through Latimer and went within one minute of each other, suggesting that they were part of a single sold block.

Finally, the above-mentioned list of yesterday's top ten traders, as measured by % of total outstanding shares or daily turnover (all prices in per-share terms):

1. Electrohome Limited class 'Y' non-voting [NEX: ELL.K], closed at 15 cents for a gain of 5 cents - 1.04% of total shares outstanding;
2. Mazarin Inc. [NEX: MAZ.H], closed at 7 cents unchanged - 0.972% of TSO;
3. Challenger Development Corp. [NEX: CDQ.H], closed at 39 cents for a loss of 0.5 cents - 0.516% of TSO;
4. Avigo Resources Corp. [NEX: TMX.H], closed at 48.5 cents for a loss of 1.5 cents - 0.480% of TSO;
5. Rose Marie Resources Ltd. [NEX: RSR.H], closed at 11 cents for a gain of 0.5 cents - 0.437% of TSO;
6. Citadel Gold Mines Inc. [NEX: CGM.H], closed at 11.5 cents unchanged - 0.377% of TSO;
7. Toba Industries Ltd. [NEX: TBA.H], closed at 15 cents for a gain of 0.5 cents - 0.367% of TSO;
8. Golden Hat Resources Inc. [NEX: GHA.H], closed at 6 cents for a gain of 0.5 cents - 0.232% of TSO;
9. Rocher Deboule Minerals Corp. [NEX: RD.H], closed at 45 cents for a loss of 3.5 cents - 0.218% of TSO;
10. Greenshield Explorations Limited [NEX: GRX.H], closed at 32.5 cents for a loss of 2.5 cents - 0.210% of TSO.

NOTE: I am not affiliated with the TSX, nor is this blog. The Barrel's Bottom Composite index is not endorsed by the TSX.

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