Gold Junior Shines on Drill Results

Mako Mining Corp. (TSXV:MKO), a gold junior, gained ground after announcing drill results from its San Albino-Murra property

Sean Mason | March 11, 2020 | SmallCapPower

Central American drill results lifted shares of a gold junior Wednesday. Here’s some small stocks making big moves on Wednesday, March 11, 2020 (as of 4 pm EST):

Mako Mining Corp. (TSXV:MKO) shares moved up 9% to $0.38 on Wednesday after the gold junior announced drill results from the Las Conchitas area of its wholly-owned San Albino-Murra property in Nicaragua, which included 32.73 g/t gold and 33.7 g/t silver over 3.1 metres approximately 56 metres from surface.

Win Big With Our Small Cap Picks

 

As well, shares of The Green Organic Dutchman Holdings Ltd. (TSX:TGOD) slid 22% to $0.345 as the Canadian cannabis company said it recorded a Fiscal 2019 net loss of $195.75 million, which included non-cash impairment charges of $127.74 million.

Bee Vectoring Technologies International Inc. (TSXV:BEE), meanwhile, reported that it has closed three new grower deals with berry producers in Oregon and Washington states. Bee Vectoring Technologies stock popped as much as 18% following the announcement.

Finally, Mission Ready Solutions Inc. (TSXV:MRS) shares rose 10% to $0.055 as the protective equipment provider announced that its wholly-owned subsidiary, Unifire, Inc., was awarded a firm-fixed-price, indefinite delivery/indefinite quantity contract by the United States Defense Logistics Agency.

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

Hi, did you know SmallCapPower accepts blog submissions? You can contact me here

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: