Blockchain Stock Climbs on Order Announcement

Datametrex AI Limited (TSXV:DM), a blockchain stock, moved up after announcing that it has received its first order from a division of Hyundai Corporation

Sean Mason | May 25, 2018 | SmallCapPower

A promising initial order with a division of Hyundai powered a blockchain stock Friday. Here’s some small stocks making big moves on Friday, May 25, 2018 (as of 4 pm EST):

Datametrex AI Limited (TSXV:DM), a blockchain stock, jumped 5% to $0.10 on Friday after announcing that it has received its first order from a division of Hyundai Corporation, which is an initial pilot order and the financial terms are not material to Datametrex, according to the Company.

Win Big With Our Small Cap Picks

 

As well, shares of Northern Dynasty Minerals Ltd. (TSX:NDM) slid 32% to $0.61 as the resource junior said it has been unable to reach an agreement with First Quantum Minerals on the option and partnership transaction contemplated in the December 15, 2017, framework agreement and, thus, the agreement has been terminated.

NRG Metals Inc. (TSXV:NGZ), meanwhile, reported that the drilling of a pump test well at the Hombre Muerto North Lithium Project in Argentina is progressing on schedule. NRG Metals stock moved up 3% to $0.31 following the announcement.

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

Hi, did you know SmallCapPower accepts blog submissions? You can contact me here

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: