Sean Mason | November 10, 2015 |
SmallCapPower
A Nevada
gold play sparked much speculation Tuesday, while a successful demonstration
boosted a clean tech stock. Here’s some small stocks making big moves on Tuesday,
November 10, 2015 (as of 4 pm EST):
Gold Standard Ventures Corp. (TSXV:
GSV) shares powered 19% higher to $0.74 on Tuesday after the gold explorer announced
assay results from DS15-11, which included 157.0 meters of 1.51 grams per tonne
(g/t) gold. The Company also confirmed the discovery of a substantial new,
higher grade oxide gold zone north of the Dark Star Deposit on its
100%-owned/controlled Railroad-Pinion Project in Nevada’s Carlin Trend.
Please see Resource Maven Gwen Preston’s recent article for more
insight into the GSV story here >>
As well,
shares of Amaya Inc. (TSX:
AYA) slid 32% to $21.10 as the provider of technology-based solutions,
products and services in the global gaming and interactive entertainment
industries said the strengthening U.S. dollar relative to certain foreign
currencies has resulted in an approximate 19% decline in the purchasing power
of its customer base and has had a significant negative impact on the Company’s
revenues, “higher than we previously anticipated.”
CO2 Solutions Inc. (TSXV:
CST), meanwhile, reported the successful completion of its demonstration
project at Salaberry-de-Valleyfield in Québec, following a total of more than
2,500 of operational hours logged by the unit since carbon dioxide capture began
on June 19, 2015. CO2 Solutions stock moved up 12% to $0.23 following the announcement.
Finally, New Flyer Industries Inc. (TSX:
NFI) shares rose 13% to $23.90 after the manufacturer of heavy-duty transit buses announced
that it has entered into a definitive agreement to acquire Motor Coach
Industries International, Inc. from an affiliate of KPS Capital Partners, L.P.
for cash consideration of US$455 million. New Flyer also said it plans to
increase its dividend 12.9% from C$0.62 to C$0.70 per share annually.
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