A potentially significant new customer sparked much speculation in a digital currencies stock Monday. Here’s some small stocks making big moves on Monday, June 3, 2019 (as of 4 pm EST):
ICOx Innovations Inc. (TSXV:ICOX), a digital currencies stock, powered 137% higher to $0.485 on Monday after announcing a new customer, Cathio, a public benefit corporation founded specifically in service of the Catholic economy, which is applying blockchain technology to offer an easy-to-use payment solution.
As well, shares of NuLegacy Gold Corporation (TSXV:NUG) plunged 44% to $0.05 as the junior explorer said effective immediately it has suspended all field exploration on its Red Hill property in the Carlin gold-trend of Nevada until improved markets for gold and junior gold stocks present better financing opportunities, or a joint venture or merger partner can be enrolled.
Saville Resources Inc.(TSXV:SRE), meanwhile, reported results for the first of four drill holes sampled from the Mallard Target at the Niobium Claim Group Property in Quebec, which included 0.70% Nb2O5 over 38.3 metres. Saville Resources stock moved up 13% to $0.045 following the announcement.
Disclosure: Neither the author nor his family own shares in any of the companies mentioned above.
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ICOx Innovations Inc. (TSXV:ICOX), a digital currencies stock, powered 137% higher to $0.485 on Monday after announcing a new customer, Cathio, a public benefit corporation founded specifically in service of the Catholic economy, which is applying blockchain technology to offer an easy-to-use payment solution.
