RY 134.09 -0.0373% TD 80.93 -0.3325% SHOP 98.33 0.8823% CNR 169.88 -0.8% ENB 48.93 -0.0613% CP 111.145 -0.4345% BMO 124.32 0.0724% TRI 209.41 -0.7865% CNQ 106.72 0.1878% BN 56.02 0.1072% ATD 77.81 0.0772% CSU 3609.02 -0.7147% BNS 63.43 -0.2986% CM 64.865 -0.7725% SU 54.13 0.4826% TRP 49.15 -0.3043% NGT 58.32 -0.1028% WCN 226.01 1.1004% MFC 32.39 0.9978% BCE 44.76 0.3813%
Company Overview: Major Drilling Group International Inc. (TSX:MDI) is a contract drilling company that offers its services to mining and mineral exploration firms. EMX Royalty Corp. (TSXV: EMX) and its subsidiaries operate as a royalty and prospect generator engaged in exploring for and generating royalties from, metals and minerals properties. This Report covers the Price Action, Technical Indicators Analysis along with the Stop Loss Levels, Target Prices, and Recommendations on these two stocks.
Canada Market Round-Up
The benchmark S&P/TSX Composite Index (TSX: ^TSX) started the last week on a negative note and maintained a bearish momentum for the entire week. The S&P/TSX composite index dropped by 364.39 points (1.64%) to 21899.99 for the week ending April 12, 2024. On April 15, 2024, the index closed at 21740.20, down by 159.79 points or ~0.73%. Industrials, Real Estate, Utilities, Financials, Basic Materials, Technology, Energy, Consumer Cyclicals, and Healthcare were the lagging sectors on Monday. As per the data published by Statistics Canada, Canadian manufacturing sales increased 0.7% to $71.6 billion in February. The weekly chart indicates that the index prices are trading above the horizontal trendline resistance zone. Moreover, prices are sustaining above the 21-period & 50-period SMAs, which may act as a support level for the index. The immediate resistance for the index is around 22400 while the immediate support exists at 21000. On the weekly time frame, RSI is reading at ~60.61 levels.
On the macro front, the upcoming major economic events that may impact the Canadian market sentiment include CA CPI m/m, US Building Permits and U.S Unemployment Claims.
Xxxxxx Xxxxxx Xxxxxx
Xxxxxx Xxxxxx
Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx .
Xxxxxx Xxxxxx Xxxxxx Xxxxxx & Xxxxxx
Xxxxxx Xxxxxx
Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx .
Xxxxxx
Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx Xxxxxx .
Enter your details below and our team will help you to decide if this product is best for you.
The advice given by Kalkine Canada Advisory Services Inc. and provided on this website is general information only and it does not take into account your investment objectives, financial situation and the particular needs of any particular person. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. The website www.kalkine.ca is published by Kalkine Canada Advisory Services Inc. The link to our Terms & Conditions has been provided please go through them. On the date of publishing this report (mentioned on the website), employees and/or associates of Kalkine do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations later.
CA 
AU
UK
US
NZ
Please wait processing your request...