Junior Gold Miner Jumps on Production Update: Sean Mason’s Canadian Small Cap Market Movers

Published:

Some speculators
took a shine to a small gold miner Friday while a healthcare stock rose on
improved guidance. Here’s some small stocks making big moves on Friday, August 14,
2015 (as of 4 pm EST):  

Gran Colombia Gold Corp. (TSX:
GCM
) shares climbed 13% to $0.26 on Friday after the precious metals producer
announced that its total gold production in the second quarter of
2015 increased by 19% over the first quarter this year to 28,495 ounces, while all-in
sustaining costs fell 25% year over year to US$904 per ounce.

As well,
shares of Aeterna Zentaris Inc. (TSX:
AEZ
) slid 26% to $0.185 as the specialty biopharmaceutical company said
it recorded a loss of $15.1 million, or $0.14 a share, in its second quarter on
revenue of $197,000.

Garibaldi Resources Corp. (TSXV:
GGI
), meanwhile, reported that seven RC holes have been completed on its 100%-owned
La Patilla Gold Property in Mexico. The junior explorer added that its crews
are mobilizing for a fresh round of surface exploration that will determine
final drill targets at the 270 sq. km Grizzly Project in British Columbia. Garibaldi
stock moved up 20% to $0.06 following the announcements.  

Finally, Nobilis Health Corp. (TSX:
NHC
) shares rose 7% to $7.15 after the owner and manager of
ambulatory and acute care facilities increased its fiscal 2015 revenue
guidance from $205 million to $233 million.  

Hi, did you know SmallCapPower
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sean@smallcappower.com.

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