Company Overview: Canada Nickel Company Inc. (TSXV: CNC) is spearheading the development of next-generation nickel-cobalt sulphide projects, strategically positioned to meet the rapidly growing demand from the electric vehicle (EV) and stainless steel sectors. Orezone Gold Corporation (OTC: ORZCF) is a Canada-based gold producer focused on West Africa, with a primary emphasis on the Bomboré Gold Mine in Burkina Faso, of which it holds a 90% ownership interest. The company is actively engaged in mining, development, and exploration activities at Bomboré, one of the region’s largest undeveloped gold deposits. 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

As of May 22, 2025, major U.S. equity indices posted subdued week-to-date (WTD) performances, pressured by broad-based sector weakness. The S&P 500 fell 2.04%, closing at 5,842.01, while the NASDAQ Composite declined 1.49% to finish at 18,925.73, primarily due to softness in the technology sector. The Russell 2000, which tracks small-cap stocks, registered the steepest loss among the benchmarks, sliding 3.20% to end the week at 2,045.56.  

As of May 22, the S&P/TSX Venture Composite Index (TSX: ^JX) recorded a week-to-date (WTD) gain of 0.85%, closing at 678.55, continuing its broader upward trajectory. Thursday’s session reflected a mixed market tone. Strength in industrials, consumer non-cyclicals, and energy provided near-term support and helped sustain the index's positive momentum. However, this was counterbalanced by continued weakness in several key sectors, including healthcare, financials, technology, consumer cyclicals, real estate, and basic materials. The drag from these sectors limited broader market upside and reflected ongoing investor caution.