Small
stocks making big moves on Monday, June 1, 2015 (as of 4 pm EST), as
reported by Sean Mason, SmallCapPower.com
China Education Resources, Inc. (TSXV:
CHN) shares jumped 67% to $0.05 on volume of more than 4 million shares
Monday after the online learning provider announced first-quarter gross revenue
that rose to $3,418,012 from $2,457,304, while its net income for period
increased to $401,759 from $101,894 a year ago.
As well,
shares of Wi2Wi Corporation (TSXV:
YTY) continued to move higher Monday, up 50% to $0.27. On Friday, shares of
the manufacturer of connectivity solutions soared 90% as the company reported
first-quarter revenue that surged to $4.6 million from $1.1 million during
the same period last year, while swinging to a profit of $439,000 for the
quarter.
Metanor Resources Inc. (TSXV: MTO), meanwhile, said its stock is trading at a
market capitalization of approximately $14 million while its book value stands
at $56 million as of March 31, 2015. Metanor is a Canadian based gold
producer. Its stock moved up 29% to $0.045 following the announcement.
