Biotech Stock Surges on Cannabis Research Update

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Pascal Biosciences Inc. (TSXV:PAS), a biotech stock, climbed after announcing that it has discovered certain cannabinoids that enhance the immunogenicity of tumor cells

Sean Mason | February 21, 2018 | SmallCapPower

A cannabinoid research discovery provided healthy returns for a biotech stock Wednesday. Here’s some small stocks making big moves on Wednesday, February 21, 2018 (as of 4 pm EST):

Pascal Biosciences Inc. (TSXV:PAS), a biotech stock, jumped 260% to $0.72 on Wednesday after announcing that it has discovered certain cannabinoids that enhance the immunogenicity of tumor cells, rendering them more susceptible to recognition by the immune system.

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As well, shares of RYU Apparel Inc. (TSXV:RYU) slipped 12% to $0.22 as the creator of urban athletic apparel said it has secured its first Californian location on Abbot Kinney Boulevard, in Venice Beach, California.

Altamira Gold Corp. (TSXV:ALTA), meanwhile, reported that it has begun an exploration program for concealed porphyry copper mineralization throughout the Juruena Belt of Mato Grosso state in Brazil. Altamira Gold stock popped 33% to $0.24 following the announcement.

Finally, EnerDynamic Hybrid Technologies Corp. (TSXV:EHT) shares rose 6% to $0.09 after the sustainable energy solutions provider announced that its joint venture with Groupe Nduom has begun sales and distribution of Solar Panels and Solar Systems in Ghana.

See more Small and Micro Cap Market Movers Daily from Sean Mason. Tomorrow’s big stock market winners could be found here today!

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Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.

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