Micro Cap Biotech Stock Jumps on Drug Development: Canadian Daily Small/Micro Cap Market Movers

Published:

Small
stocks making big moves on Tuesday, February 3, 2015 (as of 4 pm EST), as
reported by Sean Mason, SmallCapPower.com

DiaMedica Inc. (TSXV: DMA)
shares continued to move higher Tuesday, up 37% to $0.13. On Monday, shares of
the development stage biopharmaceutical firm surged 36% after the company announced
that it will pursue the development of DM199, its recombinant form of the
naturally occurring protein, tissue kallikrein-1 in acute vascular disease of
the brain, kidney and heart. 

As well,
shares of Macarthur Minerals Limited
(TSX: MMS)
sank 29% to $0.025 as the Australian-based resource development company said it
has received notice from the Toronto Stock Exchange that it is reviewing the
common shares of the company with respect to meeting the continued listing
requirements of TSX.

Junex Inc. (TSXV: JNX),
meanwhile, reported on Monday that its technical data indicates that a rapid
pressure build-up has occurred since pumping the 2,017 barrels of light, sweet
oil during the production test in the Galt No. 4 Horizontal well in the Gaspé
region of Quebec, and it is of the company’s opinion that “these are indicative
of an oil reservoir with very good reservoir characteristics.” Junex Inc. stock
popped 41% to $0.83 on Tuesday following a 9% gain on Monday.  

Finally,
NYX Gaming Group Limited (TSXV: NYX)
shares rose 5% to $4.36 on volume of more than 1.9 million shares after the
global provider of gaming solutions to lotteries, casinos, poker rooms and
i-gaming operators announced the signing of White Hat Gaming for its NYX Poker
product, formerly Ongame Network. 

Related articles

Recent articles