Naturally Splendid Enterprises Ltd. (TSXV:NSP), a consumer products stock, powered up after announcing a sales and distribution update for its NATERA Sport Keto Bars
A product distribution and sales announcement whetted a few investors’ appetite for a consumer products stock Thursday. Here’s some small stocks making big moves on Thursday, July 4, 2019 (as of 4 pm EST):
Naturally Splendid Enterprises Ltd. (TSXV:NSP), a consumer products stock, continued to move higher Thursday, up 8% to $0.14 following a 24% gain on Wednesday, after announcing that its recently-launched NATERA Sport Keto Bars are now available in retail outlets across Canada, including Whole Foods, Sobeys’s, Loblaws, Longo’s, and Metro. The Company added that sales of this product have exceeded C$285,000 in the first three months of the official launch date.
As well, shares of Black Iron Inc. (TSX:BKI) rose 27% to $0.14 as the iron ore junior said Ukraine’s recently-elected President, Volodymyr Zelensky, made several highly supportive statements regarding development of Black Iron’s project at an Economic Club of Canada event recently.
Martello Technologies Group Inc. (TSXV:MTLO) stock, meanwhile, continued to power higher Thursday, up 55% to $0.41 following a 40% advance on Wednesday, after Company Co-Chairman Bruce Linton appeared on television wearing a Martello Technologies shirt. Mr. Linton was recently relieved of his duties at Canopy Growth Corp. and speculators are betting that he will now assume a bigger role at Martello.
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.