MSFT 415.85 -0.4643% AAPL 228.66 0.1665% NVDA 145.315 -1.153% GOOGL 175.65 -1.3867% GOOG 177.07 -1.3977% AMZN 202.88 -0.8455% META 564.135 0.5427% AVGO 162.61 -1.6571% TSLA 342.2799 -1.0752% TSM 186.825 -1.5% LLY 754.385 3.3786% V 307.39 -1.4302% JPM 240.935 -0.8865% UNH 601.41 4.2305% NVO 105.52 2.8159% WMT 87.12 0.6005% LVMUY 121.8 -0.5471% XOM 119.97 1.1296% LVMHF 607.0 -0.9465% MA 512.64 -1.3129%

Stocks under $1 Report

US and Canadian markets settled this week on a negative note, Two stocks to consider - NICU, ACKRF

Aug 01, 2024

NICU:TSX-V
Investment Type
Small-Cap
Risk Level
Action
Rec. Price (CA$)
ACKRF:OTCMKT
Investment Type
Small-Cap
Risk Level
Action
Rec. Price (US$)

Company Overview: Magna Mining Inc. (TSXV: NICU) engages in the acquisition, exploration, and development of mineral properties in Canada. The company primarily explores for nickel, copper, and platinum group metal deposits. American Creek Resources, Ltd. (OTC: ACKRF) is a prominent exploration company specializing in precious metals, with a strong focus on gold and silver projects in British Columbia. The company's portfolio includes several high-potential projects, with notable interests such as a 20% carried interest in the Treaty Creek project.  The company's focus is on developing and commercializing cutting-edge solutions designed to improve patient outcomes in managing this persistent and often debilitating condition. 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 August 01, 2024, the S&P 500 index settled at 5446. 68 with a week till date loss of 0.23%; moreover, the tech-heavy NASDAQ composite declined by ~0.94% on a WTD basis and settled at 17194.14 while, the Russell 2000 settled at 2186.16, reflecting a loss of ~3.27% on WTD basis.

Considering the Canadian market, the benchmark S&P/TSX Venture Composite Index (TSX: ^JX) started the week on a negative note and continued the momentum. On August 01, 2024, the index closed at 572.64 with an overall week-to-date (WTD) loss of 1.15%. Technology and healthcare were the leading sectors, while Industrials, real estate, basic materials, consumer Non-cyclicals, energy,  consumer cyclicals, and financials were the laggards on Thursday.

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