Small
stocks making big moves on Thursday, April 16, 2015 (as of 4 pm EST), as
reported by Sean Mason, SmallCapPower.com
NXT Energy Solutions Inc. (TSXV:
SFD) shares climbed 14% to $2.05 on Thursday after the company announced
that it has received a contract award in excess of US$13 million to conduct an
aerial Stress Field Detection survey project. NXT Energy’s technology utilizes quantum-scale sensors to
detect gravity field perturbations in an airborne survey method that can be
used both onshore and offshore to remotely identify areas with exploration
potential for traps and reservoirs.
As well,
shares of North American Palladium Ltd. (TSX:
PDL) continued to slide, dropping 44% to $0.07. On Wednesday, shares of precious
metals producer plunged 52% after the company announced that it has entered
into a recapitalization agreement with Brookfield Capital Partners Ltd., which
would involve the conversion of all amounts owing to Brookfield into equity,
resulting in Brookfield owning 92% of North American Palladium shares and
existing PDL shareholders owning 2% of the post-recapitalization common shares.
Titanium Transportation Group Inc. (TSXV:
TTR) stock, meanwhile, moved up 12% to $2.30 on its first day of trading
Thursday. The company provides truckload, dedicated, and cross-border trucking
services, freight logistics, and warehousing and distribution to over 600
customers.
Finally,
Nobilis Health Corp. (TSX: NHC)
shares gained 13% to $9.28, a day before shares of the healthcare facility
management and marketing firm begin trading on the NYSE MKT.
