Junior Explorer Jumps on New Visible Gold Vein

Grande Portage Resources Ltd. (TSXV:GPG), a junior explorer, moved higher after encountering “extremely encouraging veining”

Sean Mason | August 20, 2020 | SmallCapPower

Visible gold in two new intercepts attracted a few speculators to shares of a junior explorer Thursday. Here’s some small stocks making big moves on Thursday, August 20, 2020 (as of 4 pm EST):

Grande Portage Resources Ltd. (TSXV:GPG) shares climbed 12% to $0.58 on Thursday after the junior explorer announced that its drill rig on the T Pad has encountered what the Company called “extremely encouraging veining” in two intercepts between the Goat and the Main Veins on its 100% owned Herbert gold property in Alaska, both of which contained visible gold in the core.

Win Big With Our Small Cap Picks

 

As well, shares of Else Nutrition Holdings Inc. (TSXV:BABY) rose 20% to $2.62 as the provider of plant-based baby nutrition said it has begun a second commercial manufacturing run and has on-boarded additional retail brokers in order to bring the product to the shelves of natural food retailers.

Ceapro Inc. (TSXV:CZO), meanwhile, reported record second-quarter revenue that rose 53% year over year to $4.67 million, while swinging to a net profit of $1.1 million from a net loss of $559,000 a year earlier. Ceapro stock moved up 10% to $0.89 following the announcement.

Finally, Loop Insights Inc. (TSXV:MTRX) shares gained 21% to $0.29 after the AI driven payments and marketing company announced the signing of a Pilot Agreement with Sunflora Inc., to implement Loop’s analytics platform into 20 of its Your CBD Store retail locations, which if successful could be included all 550+ Your CBD Store locations in 41 U.S. states.

Loop Insights (TSXV:MTRX) is a featured sponsored company and has paid SmallCapPower.com a fee for coverage. To learn more, see our full disclosure HERE >>

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: