Our pick last week, Aerpio Pharmaceuticals, Inc. (NASDAQ: ARPO), went from $1.66 on last Monday’s closing, to $2.50 by Friday (up 51%).
Companies in our list are up 69.5% on average since we initiated coverage vs 7.9% for the benchmark (TSXV).
Valuations of gold producers were up 3% WoW; base metal producers were down 5% due to lower copper and nickel prices.
Health Canada has stated that restrictions could be lifted when 75% have at least one dose, and 20% have their second dose. At current rates, we suspect this could happen by August 2021.
Recently released Statistics Canada data showed declines in illicit cannabis’ market share, amid a significant increase in the number of retail cannabis stores across the country. At the end of 2020, legal cannabis’ market share was 56% vs 50% in Q3.
Corvus Gold Inc., Lomiko Metals Inc., Renforth Resources Inc., Monarch Mining Corporation, American Manganese Inc., Voyageur Pharmaceuticals Ltd., Vista Gold Corp., K9 Gold Corp., Bayhorse Silver Inc., Kootenay Silver Inc., Wealth Minerals Ltd., Nexus Gold Corp., Kontrol Energy Corp., NEXE Innovations Inc., Diginex Limited, Hello Pal International Inc., Pure Extracts Technologies Corp.