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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 positive note, Two stocks to consider – LUCA, SGMO

Oct 11, 2024

LUCA:TSX-V
Investment Type
Small-Cap
Risk Level
Action
Rec. Price (CA$)
SGMO:NASDAQ
Investment Type
Small-Cap
Risk Level
Action
Rec. Price (US$)

Company Overview: Luca Mining Corp. (TSXV: LUCA) focuses on the exploration and development of its two fully owned mining projects in Mexico, which primarily target gold, silver, and base metals. Sangamo Therapeutics, Inc. (NASDAQ: SGMO) is a pioneering genomic medicines company dedicated to advancing treatments for neurological diseases. 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 October 10, 2024, the S&P 500 index settled at 5780.05 with a week till date gain of 1.48%; moreover, the tech-heavy NASDAQ composite advanced by ~0.79% on a WTD basis and settled at 18282.05. While, the Russell 2000 settled at 2188.42, reflecting a loss of ~1.10% on a WTD basis.

Considering the Canadian market, the benchmark S&P/TSX Venture Composite Index (TSX: ^JX) started the week on a positive note and continued the momentum. On October 10, 2024, the index closed at 595.81 with an overall week-to-date (WTD) gain of 0.09%. Basic Materials, real estate, industrials, financials, technology, and consumer cyclicals were the leading sectors, while energy, healthcare and consumer non-cyclicals 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.