Weekly Watchlist - May.16, 2025
It wasn't a great week for resource related stocks but there was some charts that caught my eye.
Weekly Chart - Silver Storm Mining - Market Cap $65 Million - Breakout candidate
Up over 26% on Friday on high volume, this caught my attention and is worth monitoring next week. This company was previously Golden tag Resources, they have a past producing mine which they acquired from First Majestic and a large deposit at the San Diego Project. They plan on restarting the La Parilla Mine, which maybe explains the recent move.
Weekly Chart - Foremost Clean Energy - Market Cap $30 Million - Breakout
Huge breakout on the weekly chat with volume pouring in, this is always the set up I look for. The company is uranium focused and has some pending assays where they have hit what they were looking for at the Hatchet Lake Property. Speculators may be pouring in before results are released.
Weekly Chart - Cabral Gold - Market Cap $90 Million - Breakout Candidate
Cabral Gold recently closed a $15 million dollar financing this will be used to continue to explore and develop their flagship project in Brazil. They also just discovered a new gold zone at the project with a result of 50 g/t over 2 metres. The company has a resource of well over 1 million ounces already with some shallower oxide deposits they plan on developing to finance further exploration.
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