Small
stocks making big moves on Friday, February 6, 2015 (as of 4 pm EST), as
reported by Sean Mason, SmallCapPower.com
IWG Technologies Inc. (TSXV: IWG)
shares shot up 29% to $0.22 after the provider of aircraft water treatment,
systems and components reported that its first-quarter revenue increased 35% to
$1,994,886, while net earnings per share for the quarter rose to $0.07 from
$0.03 during the same period last year. “The company has delivered 10
consecutive quarters of profitability, with a steadily increasing
year-over-year revenue growth,” said IWG’s Chairman Bruce Gowan.
As well,
shares of Kaminak Gold Corporation (TSXV: KAM)
slipped 12% to $0.99, a day after the gold project developer announced final
results for the 2014 infill drilling at Coffee, Kaminak’s flagship gold project
located in the Yukon, which included 12.95 g/t gold over 9.14 metres.
Kilo Goldmines Ltd. (TSXV: KGL),
meanwhile, provided an update on the exploration activities on its Imbo licence
within the Ngayu Greenstone Belt in the Democratic Republic of Congo. The company
said drilling is scheduled to begin in March 2015, and that its high-grade zone
has an average true thickness of 4.91 metres of 5.44 g/t gold over 840 meters
on strike and 275 meters down dip. Kilo Goldmines stock moved up 11% to $0.10
following the announcement.
Finally, NYX Gaming Group Limited (TSXV: NYX)
shares rose 8% to $4.81 on volume of more than 2 million shares a day after
the gaming solutions provider reported that it has enters new regulated
markets with the launch of NYX OGS and the signing of its NYX Poker product
with Iveriabet.
