A contract award produced healthy gains for a Canadian healthcare tech stock Wednesday. Here’s some small stocks making big moves on Wednesday, March 25, 2020 (as of 4 pm EST):
Reliq Health Technologies Inc. (TSXV:RHT), a Canadian healthcare tech stock, jumped 20% to $0.425 on Wednesday after announcing that it has signed a contract with MedTech Evolutions, LLC in Kentucky to provide its iUGO Care platform to over 27,000 eligible Medicare patients in Alabama, Illinois, Mississippi and Tennessee.
As well, shares of Calibre Mining Corp. (TSX:CXB) slipped 10% to $0.63 as the junior gold miner said it has begun the legal process with the Nicaraguan Ministry of Labour to obtain authorization for the temporary suspension of its El Limon and La Libertad mines. The Company added that it is withdrawing its 2020 guidance.
kneat.com, Inc. (TSXV:KSI), meanwhile, reported that it has signed a three-year Software as a Service (SaaS) Master Agreement with another Top 10 pharmaceutical company. kneat.com stock moved up 28% to $1.81 following the announcement.
Finally, Seven Aces Limited (TSXV:ACES) shares gained 20% to $1.20 after the gaming company announced that its 70% owned subsidiary, Lucky Bucks, LLC, has acquired seven additional gaming contracts from digital skill-based gaming terminal operators based in the U.S. State of Georgia.
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:
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. Ubika and/or its affiliates and/or their respective officers, directors or employees may from time to time acquire, hold or sell securities and/or commodities and/or commodity futures contracts in certain underlying companies mentioned in this site and which may also be clients of Ubika’s affiliates. In such instances, Ubika and/or its affiliates and/or their respective officers, directors or employees will use all reasonable efforts to avoid engaging in activities that would lead to conflicts of interest and Ubika and/or its affiliates will use all reasonable efforts to comply with conflicts of interest disclosures and regulations to minimize the conflict.
Reliq Health Technologies Inc. (TSXV:RHT), a Canadian healthcare tech stock, jumped 20% to $0.425 on Wednesday after announcing that it has signed a contract with MedTech Evolutions, LLC in Kentucky to provide its iUGO Care platform to over 27,000 eligible Medicare patients in Alabama, Illinois, Mississippi and Tennessee.
, on Wednesday.){kind=link}