Graphite Junior Surges on Purchase Order

Canada Carbon Inc. (TSXV:CCB), a graphite junior, climbed after receiving an initial order for purified graphite

Sean Mason | March 5, 2020 | SmallCapPower

An initial purchase order propelled shares of graphite junior sharply higher Thursday. Here’s some small stocks making big moves on Thursday, March 5, 2020 (as of 4 pm EST):

Canada Carbon Inc. (TSXV:CCB) shares powered 33% higher to $0.30 on Thursday after the graphite junior announced that it has received an initial order from Analytical Reference Materials International, a subsidiary of LGC Standards Company, for 50,000 grams of the Miller thermally purified graphite.

Win Big With Our Small Cap Picks


As well, shares of Clearwater Seafoods Incorporated (TSX:CLR) gained 12% to $5.65 as the vertically-integrated seafood company said it has initiated a formal strategic process to identify, review and evaluate a broad range of potential strategic alternatives in order to enhance shareholder value.

Sky Gold Corp. (TSXV:SKYG), meanwhile, reported that it is has begun the permitting process for diamond drilling on its newly-acquired Mustang and Virginia Properties in Newfoundland. The Virginia Property is contiguous to Labrador Gold Corp.’s (TSXV:LAB) Gander South project. Sky Gold stock moved up 13% to $0.09 following the announcement.

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: