Gold Explorer Shines on Insider Buying

Published:

Condor Gold (TSX:COG), a gold explorer, gained ground after announcing that a Director purchased shares in the Company

Sean Mason | August 23, 2019 | SmallCapPower

More insider buying boosted investor interest in shares of a gold explorer Friday. Here’s some small stocks making big moves on Friday, August 23, 2019 (as of 4 pm EST):

Condor Gold (TSX:COG) shares moved 9% higher to $0.38 on Friday after the gold explorer announced that a Non-Executive Director of the Company purchased 50,000 shares of Condor Gold yesterday.

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As well, shares of Cargojet Inc. (TSX:CJT) jumped 13% to $102.33 as the provider of overnight air cargo services said it has entered into a new strategic agreement with Amazon.com NV Investment Holdings LLC, an affiliate of Amazon.com.ca, Inc, for overnight air cargo services and charters.

Reliq Health Technologies Inc. (TSXV:RHT), meanwhile, reported that it has signed contracts with six new clients in Texas, adding that the Company remains on track to be cash-flow positive in Q4 of this calendar year. Reliq Health stock moved up 10% to $0.325 following the announcement.

Finally, NaiKun Wind Energy Group Inc. (TSXV:NKW) shares continued to move higher Friday, up 100% to $0.16 following a 100% gain on Thursday, after the renewable energy company announced that it has signed an indicative offer with a major offshore wind development company to develop its wind resource in Hecate Strait, a few kilometers east of Haida Gwaii, within the traditional territory of the Haida Nation.

See more Small and Micro Cap Market Movers Daily from Sean Mason. Tomorrow’s big stock market winners could be found here today!

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

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