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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%

Stocks under $1 Report

US and Canadian markets settled this week on a negative note, Two stocks to consider - AOT, LYRA

Jul 26, 2024

AOT:TSX
Investment Type
Small-Cap
Risk Level
Action
Rec. Price (CA$)
LYRA:NASDAQ
Investment Type
Small-Cap
Risk Level
Action
Rec. Price (US$)

Company Overview: Ascot Resources Ltd. (TSX: AOT) is a dynamic development and exploration company specializing in gold and silver. With a strategic focus on the rich mineral resources of British Columbia's Golden Triangle region, Ascot boasts a diverse portfolio of both advanced and grassroots projects. Lyra Therapeutics, Inc. (NASDAQ: LYRA) is a clinical-stage biotechnology company dedicated to advancing innovative therapies for the localized treatment of chronic rhinosinusitis (CRS). The company's focus is on developing and commercializing cutting-edge solutions designed to improve patient outcomes in managing this persistent and often debilitating condition. The 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 July 25, 2024, the S&P 500 index settled at 5399.22 with a week till date loss of 1.92%; moreover, the tech-heavy NASDAQ composite declined by ~3.08% on a WTD basis and settled at 17181.72 while, the Russell 2000 settled at 2222.98, reflecting a gain of ~1.77% 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 July 25, 2024, the index closed at 573.64 with an overall week-to-date (WTD) loss of 1.11%. Industrials, real estate technology, energy,  consumer cyclicals, and financials were the leading sectors, while basic materials, consumer Non-cyclicals, and healthcare were the laggards on Thursday.

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Disclaimer-

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.