Company Overview: Forsys Metals Corp. (TSX: FSY) focuses on the exploration, acquisition, and development of mineral properties, with a primary emphasis on uranium and gold. The company operates as a single segment dedicated to these activities, aiming to advance its resource projects through strategic exploration and development initiatives. Norsemont Mining Inc. (OTC: NRRSF) is a Canada-based exploration-stage company focused on the acquisition, exploration, and development of resource properties. The company holds a 100% interest in the Choquelimpie gold-silver-copper project located in northern Chile, a historically significant mining region. 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 March 20, 2025, the S&P 500 closed at 5,662.89, recording a week-to-date (WTD) gain of 0.42%. The NASDAQ Composite, heavily weighted in the technology sector, saw a sharper decline of 0.35% for the week, finishing at 17,691.63. In contrast, the Russell 2000 outperformed, ending at 2,068.63 with a WTD gain of approximately 1.20%.
In the Canadian market, the S&P/TSX Venture Composite Index (TSX: ^JX) maintained its upward momentum throughout the week. On March 20, 2025, the index closed at 640.78, posting a week-to-date (WTD) gain of 3.16%. While the healthcare, consumer non-cyclicals, basic materials, financials, and energy sectors provided support, the broader market faced headwinds. Weakness in technology, industrials, real estate, and consumer cyclicals on Thursday contributed to the overall market challenges.
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