Highlighted NEX Stocks For October 25th

Twenty-eight NEX stocks traded on Thursday. Of these, 9 advanced, 6 declined and 13 remained unchanged. There were 110 trades. The top trader in terms of raw volume was Rocher Deboule Minerals Corp. [NEX: RD.H], with 202,060 shares traded. Golden Hat Resources Inc. [NEX: GHA.H] was the runner-up, with 164,000 shares traded. According to the TSX Venture closing summary, the top trader in terms of value of shares traded for Thursday was also Rocher Deboule, which was also tops in number of trades. Rocher placed third on the top ten daily-turnover list, found below; Golden Hat placed fourth.

Two NEX stocks traded more than ten times on Thursday. First with respect to numerousness of trades was Rocher Deboule, which traded 25 times. The first trade put Rocher at a slight loss, which was erased within five minutes of market's open. After an odd-lot trade of 108 shares that went at 41 cents/share, the next nine trades went at 44 cents/share; these put RD.H back at unchanged. All of those eleven trades were made between 9:30 and 10 AM ET. Almost at the latter time, a trade of 17,500 shares went at 43 cents/share, followed by two of 1,000 and 4,000 shares which went at 42.5 cents/share. The 43 cent/share level was regained by 10:04 AM ET and was held to for the next seven trades. At about 3:44 PM ET, the price went up to 43.5 cents/share with a trade of 15,000 shares. The last two trades of the day, of 18,500 and 10,000 shares each, went at 44 cents/share, enough of a gain to leave Rocher unchanged on the day. Although there seemed to be several bought and sold blocks, the record was sufficiently blurred to be undefinitive. [Several hundred thousand shares of Rocher came out of escrow on Thursday, but there was no definite block dump in the record. It's possible that the relatively huge volume traded had a released-for-trading share dump as a partial cause, but those previously-escrowed shares would have had to have been widely held for this to be the reason.] 560 shares of Rocher, or $229.60 worth, went at 41 cents/share; 5,000 shares, or $2,125 worth, went at 42.5 cents/share; 115,000 shares, or $49,450 worth, went at 43 cents/share; 15,000 shares, or $6,525 worth, went at 43.5 cents/share; and, 66,500 shares, or $29,260 worth, went at 44 cents/share.

The second-most numerous trader in terms of number of trades was category regular Silvio Ventures Inc. [NEX: SIV.H], with 11 trades on Thursday. Unusually for Silvio, almost half of those trades were board-lot-sized. The first three of the six odd-lot-sized trades went at 52 cents/share, and the other three went at 53 cents/share; all of them were bought through PI Financial. The five board-lot-sized trades, of 500, 4,500, 500, 2,000 and 1,000 shares, went at prices ranging from 55 to 57 cents/share. The first three went at 55 cents, the fourth went at 56 and the fifth went at 57 cents/share; it established Silvio's closing price. This left SIV.H with a gain of 3 cents/share since Wednesday's close, on daily volume of 9,324 shares.

The top percentage gainer in Thursday's trading was Fairchild Investments Ltd. [NEX: FIC.H], which closed at 5 cents/share for a gain of 3 cents/share, or 150%, on the day. This close meant a near-recovery in the price of Fairchild from its Tuesday spill. Three trades, of 23,000, 1,000 and 1,000 shares, put the price up. All of them were bought through CIBC, suggesting a bought block equal to the daily volume of 25,000 shares. The first trade went at 4.5 cents/share, and the other two went at the closing price of 5 cents/share.

The top percentage decliner for Thursday was Biomerge Industries Ltd. [NEX: BIL.H], which closed at 1.5 cents/share for a decline of 0.5 cents/share or 25%. There were six trades in Biomerge, although only four of them were of board-lot size. Of those four, the first three, of 7,000, 5,000 and 14,000 shares, went at 2 cents/share. The last board-lot'er of 3,000 shares put BIL.H at the closing price. The two odd-lot'ers both went at 0.5 cents/share.

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. Datinvest International Ltd. [NEX: DAI.H], closed at 20 cents unchanged - 1.10% of total shares outstanding;
2. Avigo Resources Corp. [NEX: TMX.H], closed at 53 cents for a gain of 3 cents - 0.802% of TSO;
3. Rocher Deboule Minerals Corp. [NEX: RD.H], closed at 43 cents unchanged - 0.795% of TSO;
4. Golden Hat Resources Inc. [NEX: GHA.H], closed at 7.5 cents unchanged - 0.475% of TSO;
5. Galleria Opportunities Inc. [NEX: GOI.H], closed at 19.5 cents for a loss of 0.5 cents - 0.318% of TSO;
6. ITI World Investment Group Inc. class 'A' [NEX: IWI.H], closed at 43 cents for a gain of 0.5 cents - 0.275% of TSO;
7. X-Tal Minerals Corp. [NEX: XMT.H], closed at 55 cents for a gain of 2 cents - 0.238% of TSO;
8. C&C Industries Corporation Ltd. [NEX: CIN.H], closed at 17 cents unchanged - 0.209% of TSO;
9. Toba Industries Ltd. [NEX: TBG.H], closed at 15 cents for a loss of 1.5 cents - 0.203% of TSO;
10. Champlain Resources Inc. [NEX: CPL.H], closed at 9.5 cents for a loss of 0.5 cents - 0.192% 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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