RY 174.39 2.4016% SHOP 149.115 2.5974% TD-PFM 24.63 -0.0811% TD-PFL 24.7 0.2028% TD 78.325 0.1214% ENB 60.6 1.3039% BN 80.4 1.9787% TRI 226.27 0.7525% CNQ 48.285 2.2771% CP 104.53 1.6038% CNR 151.74 1.5459% BMO 132.69 0.9203% BNS 78.845 0.1715% CSU 4600.2002 2.157% CM 91.15 0.474% MFC 45.79 1.6878% ATD 78.38 1.5285% NGT 60.14 0.0499% TRP 70.15 1.977% SU 57.44 0.5954%

Stocks under $1 Report

US and Canadian markets settled this week on a positive note, Two stocks to consider – PNE, FGEN

Nov 22, 2024

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

Company Overview: Pine Cliff Energy Ltd. (TSX: PNE) is a Canadian energy company with a focus on natural gas exploration, development, and production, with some involvement in crude oil and natural gas liquids (NGLs). FibroGen Inc. (NASDAQ: FGEN) is a biotechnology company dedicated to the discovery, development, and commercialization of innovative therapeutics aimed at addressing serious and unmet medical needs. 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 November 21, 2024, the S&P 500 index settled at 5948.71 with a week till date gain of 0.93%; moreover, the tech-heavy NASDAQ composite advanced by ~1.56% on a WTD basis and settled at 18972.42. While, the Russell 2000 settled at 2364.02, reflecting a gain of ~2.61% 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 November 21, 2024, the index closed at 599.11 with an overall week-to-date (WTD) gain of 1.34%. Healthcare, basic materials, technology, consumer cyclicals,  and energy were the leading sectors, while industrials, financials and real estate were the laggards on Thursday. 

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