Exit Case: Fortuna Mining Corp. (TSX: FVI)

Overview: Fortuna Mining Corp. (TSX: FVI) is a Canadian-based precious metals mining company with a portfolio of operating mines across the Americas and West Africa. The company’s key assets include the Séguéla Mine in Côte d’Ivoire, the Lindero Mine in Argentina, and the Caylloma Mine in Peru. FVI has been a part of the 'Momentum Model Portfolio' since May 13, 2025. Therefore, an 'Exit' stance from the Momentum Model Portfolio is recommended on the stock at the closing price of CAD 8.98 as on June 02, 2025.

FVI’s Daily Chart

New Entry Case: BRP Inc. (TSX: DOO)

Overview: BRP Inc. (TSX: DOO) is a Canadian company focused on powersports vehicles, marine vessels, and propulsion systems. It operates through two primary segments: Powersports and Marine.

Technical Analysis: On the daily chart, DOO's share price is holding above a key descending trendline support zone, indicating the potential for a near-term upward move. The 14-period Relative Strength Index (RSI) is currently at approximately 72.21, reflecting strong bullish momentum and heightened buying interest. Additionally, the price remains above the 21-period Simple Moving Average (SMA), a trend-following indicator that supports the ongoing positive bias. This alignment of technical indicators suggests that upside potential remains intact, provided the stock sustains above current support levels. 

DOO is recommended as a new entry in the 'Momentum Model Portfolio' as on June 03, 2025. Considering the technical analysis, support and resistance levels, an 'Entry' is recommended in the 'Momentum Model Portfolio' at the closing price of CAD 61.04 as on June 02, 2025.

DOO’s Daily Chart

Support and Resistance Summary (As on June 02, 2025)

Note 1: Past performance is neither an Indicator nor a guarantee of future performance.

Note 2: The reference date for all price data, and currency as of June 02, 2025. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings.

Disclaimer

This information should not be relied upon as personal financial advice by Kalkine on (i) the stocks or (ii) the use or suitability of the model portfolios. Only an investor knows about their circumstances to make an investment decision.

Model Portfolio has been prepared for illustrative purpose only and does not take into account the objectives, financial situation or needs of any particular investor. Accordingly, investors should, before acting on the information, consider its appropriateness, having regard to their objectives, financial situation and needs. Past performance is not necessarily indicative of future performance results. Actual investment returns will vary, and the value of investments can go up or down.