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Stocks under $1 Report

US and Canadian markets settled this week on a negative note. Two stocks to consider – SASK, CHGG

Oct 16, 2026

  • SASK:TSX-V
  • Investment Type
    Small-Cap
  • Risk Level
  • Action
  • Rec. Price (CA$)
  • CHGG:NYSE
  • Investment Type
    Small-Cap
  • Risk Level
  • Action
  • Rec. Price (US$)

Company Overview: Atha Energy Corp. (TSXV: SASK) is a Canadian mineral exploration company engaged in the acquisition, exploration, and development of uranium properties, aiming to capitalise on rising global demand for nuclear energy and support the transition towards a cleaner energy future. Chegg Inc. (NYSE: CHGG) is an education technology company that provides digital learning tools and academic support services to students. Its offerings include Chegg Study Pack, Chegg Study, Chegg Writing, Chegg Math, Busuu language-learning services, Chegg Skills, and advertising solutions. 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

U.S. equity markets ended the week on a broadly negative note, with major indices recording losses and small-cap stocks experiencing notable selling pressure. The S&P 500 Index declined 0.80% to close at 7,744.06, while the Nasdaq Composite fell 2.00% to finish at 26,713.03. Meanwhile, the Russell 2000 Index dropped 1.00% to 2,767.27, underperforming the broader market and highlighting increased weakness across the small-cap segment.

In Canada, the S&P/TSX Venture Composite Index declined 3.16% on a week-to-date basis, closing at 846.38 and reflecting continued weakness across the broader market. Gains in the basic materials, financials, energy, and technology sectors provided selective support, highlighting pockets of buying interest. However, losses in the consumer non-cyclicals and industrials sectors weighed on overall performance and constrained the index’s recovery potential. The mixed sectoral performance underscores a cautious investment environment, with market sentiment shaped by macroeconomic uncertainty, evolving economic expectations, and fluctuations in investor risk appetite.


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.

Past performance is not a reliable indicator of future performance.

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