Government approval for a diamond project generated buying interest in shares of a diamonds explorer Friday. Here’s some small stocks making big moves on Friday, October 26, 2018 (as of 4 pm EST):
Star Diamond Corporation (TSX:DIAM) shares continued to move higher Friday, up 7% to $0.32 following a 13% gain on Thursday, after the diamonds explorer announced that the Saskatchewan Ministry of Environment has approved the Company’s Star-Orion South Diamond Project in the Fort à la Corne diamond district of central Saskatchewan.
Aecon Group Inc. (TSX:ARE), meanwhile, reported third-quarter revenue that rose 34% to $1.02 billion, while recording a net profit of $42.0 million for the quarter, up from $24.6 million during the same period last year. Aecon Group stock moved up 12% to $18.17 following the announcement.
Finally, Petro-Victory Energy Corp. (TSXV:VRY) shares rose 50% to $0.03 after the oil and gas junior announced the acquisition of a 50% working interest in five exploration concessions located in the Espirito Santo Basin onshore Brazil.
Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.
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Star Diamond Corporation (TSX:DIAM) shares continued to move higher Friday, up 7% to $0.32 following a 13% gain on Thursday, after the diamonds explorer announced that the Saskatchewan Ministry of Environment has approved the Company’s Star-Orion South Diamond Project in the Fort à la Corne diamond district of central Saskatchewan.
