Corporate News – Market Update (Thursday 22nd, 2026)
Axo Metals (AXO.V)
- Trading activity: flat 0 % over the 24‑hour period ending 11:04 PM Central Europe on Thursday 22nd.
- Current share price: CAD 1.02 on major exchanges.
- Shares outstanding: 216.3 million.
- Market capitalization: CAD 216.3 million.
- Trading volume (last 24 h): approximately CAD 58.8 k.
- Month‑end performance: down 13.04 %.
- 200‑day simple moving average: CAD 0.84.
- 52‑week high: CAD 1.21 (22 September 2026).
- 52‑week low: CAD 0.33 (6 November 2025).
Recent Corporate Development
Axo Metals Corp. announced that its common shares are now approved to trade on the OTCQB Venture Market in the United States under the symbol AXOCF, effective 21 October 2026. Shares will continue trading on the TSX Venture Exchange under the symbol AXO. The approval enables electronic clearing and settlement through The Depository Trust Company, which is expected to accelerate settlement times for brokers and investors. Axo Metals stated that the new U.S. trading venue will broaden its investor base and improve access for retail and institutional investors as it advances its flagship San Antonio project in Sonora, Mexico. The company remains focused on developing its two Mexican projects: the San Antonio gold‑silver deposit and the La Huerta copper discovery.
Related Stock Movements (Last 24 Hours)
| Symbol | Recent Move | Current Price (CAD) | Market Cap (CAD) |
|---|---|---|---|
| TSND.TO | +1.45 % | 0.69 | 249.7 mn |
| MKA.V | –1.64 % | 0.53 | 252.8 mn |
| MOG.V | +1.06 % | 0.45 | 256.5 mn |
| MLP.V | –2.43 % | 1.91 | 254.2 mn |
| CAPT.V | +1.52 % | 1.94 | 257.5 mn |
Note on Mogotes Metals (MOG.V)
Mogotes Metals issued 598,042 common shares under an option agreement dated 29 July 2025, priced at $0.47 each. The shares were issued to acquire a 100 % interest in the La Perla Uno a Diez mining concessions in Tierra Amarilla, Copiapó Province, Atacama Region, Chile. The shares are subject to a four‑month hold period and applicable resale regulations. No additional details on the impact of this issuance on the company’s financial position were disclosed.