Mineralization confirmation justified buying shares of a gold explorer Wednesday. Here’s some small stocks making big moves on Wednesday, February 14, 2018 (as of 4 pm EST):
Adamera Minerals Corp. (TSXV:ADZ) shares powered 48% higher to $0.17 on Wednesday after the gold explorer announced that the first hole on the SE-01 VTEM target at its Cooke Mountain project in Washington State is mineralized with sulfides and magnetite, having intersected a thick zone with both semi-massive and disseminated sulfides over a 120 metre core length. The Company added that follow-up drilling is underway.
As well, shares of BioAmber Inc. (TSX:BIOA) sank 35% to $0.085 as the renewable materials company said the Toronto Stock Exchange has notified the Company that it is reviewing, on an expedited basis, BioAmber’s eligibility for continued listing.
EnerDynamic Hybrid Technologies Corp. (TSXV:EHT), meanwhile, reported that it has received its first order in Puerto Rico for 67 EHT ENERTEC panels and solar systems. Each system retails for up to US$16,000 and will generate on average 33Kw per day in Puerto Rico. EnerDynamic Hybrid stock popped 13% to $0.09 following the announcement.
Finally, Ballard Power Systems (TSX:BLDP) shares gained 6% to $4.27 after the provider of clean energy products announced the planned deployment of 500 licensed fuel cell electric commercial trucks, all using Ballard fuel cell stack technology, in Shanghai, China.
Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.
To read our full disclosure, please click on the button below:
The Content contained on this page (including any facts, views, opinions, recommendations, description of, or references to, products or securities) made available by SmallCapPower/Ubika Research is for information purposes only and is not tailored to the needs or circumstances of any particular person. Any mention of a particular security is merely a general discussion of the merits and risks associated there with and is not to be used or construed as an offer to sell, a solicitation of an offer to buy, or an endorsement, recommendation, or sponsorship of any entity or security by SmallCapPower/Ubika Research. The Reader should apply his/her own judgment in making any use of any Content, including, without limitation, the use of any information contained therein as the basis for any conclusions. The Reader bears responsibility for his/her own investment research and decisions. Before making any investment decision, it is strongly recommended that you seek outside advice from a qualified investment advisor. SmallCapPower/Ubika Research does not provide or guarantee any financial, legal, tax, or accounting advice or advice regarding the suitability, profitability, or potential value of any particular investment, security, or information source. Ubika and/or its affiliates and/or their respective officers, directors or employees may from time to time acquire, hold or sell securities and/or commodities and/or commodity futures contracts in certain underlying companies mentioned in this site and which may also be clients of Ubika’s affiliates. In such instances, Ubika and/or its affiliates and/or their respective officers, directors or employees will use all reasonable efforts to avoid engaging in activities that would lead to conflicts of interest and Ubika and/or its affiliates will use all reasonable efforts to comply with conflicts of interest disclosures and regulations to minimize the conflict.
Adamera Minerals Corp. (TSXV:ADZ) shares powered 48% higher to $0.17 on Wednesday after the gold explorer announced that the first hole on the SE-01 VTEM target at its Cooke Mountain project in Washington State is mineralized with sulfides and magnetite, having intersected a thick zone with both semi-massive and disseminated sulfides over a 120 metre core length. The Company added that follow-up drilling is underway.
