Global equity markets were down 3.4% last week (down 0.4% in the prior week) due to rising yields, concerns of a global economic slowdown, and COVID-19 cases/deaths in China. Markets were down the prior two weeks as well. We were not surprised with this decline as we have been predicting a correction in equity prices.
Valuations of gold producers were down 8% last week (flat prior week); base metal producers were down 12% (flat prior week).
Currently, the global MCAP of cryptos is US$1.85T, down 0.98% MoM, and down 11.25% YoY.
Currently, there are 3,190 retail cannabis stores in Canada, an increase of four stores WoW, including one in Alberta, one in B.C., and two in Ontario.
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Builders Capital Inc., Ultra Lithium Inc., Lithium Chile Inc., Cornerstone Capital Resources Inc., Noram Lithium Corp., Fortune Minerals Limited, Latin Metals Inc., Sonoro Gold Corp., New Age Metals Inc., Blue Lagoon Resources, Faraday Copper Corp., Sirios Resources Inc., Hello Pal International Inc., Kontrol Technologies Corp., Chalice Brands Ltd.,