Canadian Cleantech Stock Surges on India Order

dynaCERT Inc. (TSXV:DYA), a Canadian cleantech stock, climbed after announcing a LOI for its carbon reduction system units

Sean Mason | January 16, 2019 | SmallCapPower

A pending order out of India propelled a Canadian cleantech stock sharply higher Wednesday. Here’s some small stocks making big moves on Wednesday, January 16, 2019 (as of 4 pm EST):

dynaCERT Inc. (TSXV:DYA), a Canadian cleantech stock, powered 16% higher to $0.26 on Wednesday after announcing that it has received a Letter of Intent from Rajasthan State Road Transport Corporation in India for two HG145B carbon reduction system units and, upon demonstration, an initial bulk order of 1,000 HydraGEN HG145B units to be installed on buses and service trucks.

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As well, shares of IAMGOLD Corporation (TSX:IMG) slipped 11% to $4.24 as the gold miner said it expects to produce 810,000 and 870,000 ounces of gold in 2019 at all-in sustaining costs of between US$1,030 and $1,080 per ounce.

Giyani Metals Corp. (TSXV:WDG) stock, meanwhile, continued to move higher Wednesday, up 42% to $0.135 following a 19% gain on Tuesday, after reporting the completion of the environmental management plan for its Otse manganese prospect in Botswana.

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

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