RY 174.21 0.4845% TD 77.21 -0.3099% SHOP 113.1 0.5155% CNR 157.51 -1.1299% ENB 57.59 0.1565% CP 112.08 -0.5678% BMO 129.49 0.3332% TRI 232.87 0.7921% CNQ 49.045 1.1654% BN 76.23 1.3023% ATD 73.74 -0.6066% CSU 4426.6099 0.3812% BNS 73.69 -0.1896% CM 86.29 0.4657% SU 53.56 0.7714% TRP 65.64 0.845% NGT 78.23 1.1246% WCN 250.66 0.2239% MFC 42.08 -0.1898% BCE 46.14 0.2172%
Company Overview: NextSource Materials Inc. (TSX: NEXT) is a strategic materials development company based in Toronto, Canada. The company's Molo graphite project in Madagascar is one of the largest known and highest-quality graphite deposits globally. Sonim Technologies, Inc. (NASDAQ: SONM) specializes in providing rugged and durable mobile devices, including phones and accessories. Their products are designed to offer enhanced protection for users who require extra durability. This Report covers the Price Action, Technical Indicators Analysis along with the Stop Loss Levels, Target Prices, and Recommendations on these two stocks.
Global Markets Wrap-Up
On June 13, 2024, the S&P 500 index settled at 5433.74 with a week till date gain of 1.36%; moreover, the tech-heavy NASDAQ composite increased by ~3.12% on a WTD basis and settled at 17667.56 while, the Russell 2000 settled at 2038.91, reflecting a gain of ~0.61% on WTD basis.
Considering the Canadian market, the benchmark S&P/TSX Venture Composite Index (TSX: ^JX) started the week on a negative note and continued the momentum. On June 13, 2024, the index closed at 575.20 with an overall week-to-date (WTD) loss of 2.22%. Real Estate was the leading sector, While Energy, Industrials, Consumer Cyclicals, Technology, Basic Materials, Healthcare and Financials were the laggards on Thursday.
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