Gold Junior Jumps on Yukon Drill Results

White Gold Corp. (TSXV:WGO), a gold junior, powered higher after announcing drill results on the Titan target

Sean Mason | November 26, 2019 | SmallCapPower

More than a few speculators took a shine to a gold junior Tuesday following Yukon drill results. Here’s some small stocks making big moves on Tuesday, November 26, 2019 (as of 4 pm EST):

White Gold Corp. (TSXV:WGO) shares climbed 10% to $0.99 on Tuesday after the gold junior announced the first-ever drill results on the Titan target at its Hen property in the Yukon, which included 72.81 grams per tonne (g/t) gold over 6.09 metres from 10.67 metres depth.

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As well, shares of 48North Cannabis Corp. (TSXV:NRTH) sank 17% to $0.36 as the Canadian cannabis company said its first-quarter revenue surged 229% quarter over quarter to $1.6 million, while adding that it missed its projections at Good:Farm.

Tetra Bio-Pharma Inc. (TSXV:TBP), meanwhile, reported that its wholly-owned subsidiary, Tetra Natural Health, has submitted two over-the-counter DIN applications to Health Canada, one for the treatment of hemorrhoids and the second for the temporary relief of aches and pains of muscles and joints associated with backache, lumbago, strains, bruises, sprains and arthritic or rheumatic pain, pain of tendons and ligaments. Tetra Bio-Pharma stock popped 26% to $0.315 following the announcement.

Finally, Novoheart (TSXV:NVH) shares surged 19% to $0.38 after the stem cell biotechnology company announced a collaboration with AstraZeneca, in an effort to develop the world’s first human-specific in vitro, functional model of heart failure with preserved ejection fraction.

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

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