Sean Mason | April 21, 2016 | SmallCapPower
A photonics tech name powered higher on a crystals order Thursday, while disruptions tarnished shares of a gold miner. Here’s some small stocks making big moves on Thursday, April 21, 2016 (as of 4 pm EST):
Zecotek Photonics Inc. (CVE:ZMS) shares climbed 9% to $0.305 on Thursday after the developer of photonics technologies for industrial, healthcare and scientific markets announced that the Positron Emission Tomography (PET) program at European Organization for Nuclear Physics (CERN) has selected and ordered its patented LFS scintillation crystals for its work on PET medical scanning devices.
As well, shares of Aura Minerals Inc. (TSE:ORA) slipped 12% to $0.22 as the junior miner said it has suspended operations at its San Andres gold mine in Honduras, due to approximately 20 individuals unlawfully entering the mine site and forcefully disrupting normal operations.
Lithium X Energy Corp. (CVE:LIX), meanwhile, reported that it has completed its acquisition of an initial 50% interest in Potasio y Litio de Argentina SA, which owns 100% of the Sal de los Angeles lithium-potash brine project in Argentina. Lithium X Energy stock moved up 12% to $2.11 following the announcement.
Finally, Purepoint Uranium Group Inc. (CVE:PTU) shares shot up 38% to $0.11 after the uranium explorer announced what it called the “strongest uranium mineralization drilled to date” within the Spitfire Zone at the Hook Lake project in the Athabasca Basin, with assay results that included 53.3% U3O8 over 1.3 metres within a 10.0 metre interval that assayed 10.3% U3O8.
Ubika Research/SmallCapPower has received compensation from Zecotek Photonics to provide analyst research coverage. For full disclosure please visit here >>
Hi, did you know SmallCapPower accepts blog submissions? You can contact me here
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.