Silver assay results from South American ignited shares of a precious metals junior Tuesday. Here’s some small stocks making big moves on Tuesday, January 28, 2020 (as of 4 pm EST):
AbraPlata Resource Corp. (TSXV:ABRA) shares moved up 30% to $0.065 on Tuesday after the precious metals junior announced assay results from the first two diamond drill holes completed at the Oculto deposit on its wholly-owned Diablillos project in Argentina, which included a 17.5 metre intercept grading 603.9 grams per tonne (g/t) silver.
As well, shares of AutoCanada Inc. (TSX:ACQ) gained 15% to $12.71 as the multi-location North American automobile dealership group said it has achieved same-store new retail unit sales growth of 1.3% for Q4 2019, while reducing its total net indebtedness for the period by approximately $44 million.
Thermal Energy International Inc. (TSXV:TMG), meanwhile, reported a 51% increase in its second-quarter revenue to $2.6 million, while adding that its year-to-net income and EBITDA were the highest ever reported by the Company. Thermal Energy International stock moved up 13% to $0.085 following the announcement.
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.
AbraPlata Resource Corp. (TSXV:ABRA) shares moved up 30% to $0.065 on Tuesday after the precious metals junior announced assay results from the first two diamond drill holes completed at the Oculto deposit on its wholly-owned Diablillos project in Argentina, which included a 17.5 metre intercept grading 603.9 grams per tonne (g/t) silver.
, on Tuesday.){kind=link}