Medical Tech Stock Surges on Financial Results

Assure Holdings Corp. (TSXV:IOM), a medical tech stock, climbed after announcing Q2 financial results

Sean Mason | August 29, 2019 | SmallCapPower

A significant financial improvement produced healthy gains for investors in a medical tech stock Thursday. Here’s some small stocks making big moves on Thursday, August 29, 2019 (as of 11:30 am EST):

Assure Holdings Corp. (TSXV:IOM), a Canada-listed medical tech stock, jumped 24% to $2.15 on Thursday after announcing a 137% increase in its second-quarter revenue to $8.4 million, while net income for the quarter surged 196% to $4.0 million.

As well, shares of Harte Gold Corp. (TSX:HRT) fell 14% to $0.28 as the junior gold miner said Stephen Roman has resigned as President and CEO of the Company and added that Echelon Wealth Partners has exercised its right to terminate its proposed financing.

AcuityAds Holdings Inc. (TSX:AT), meanwhile, reported that it has qualified to trade on the OTCQX Best Market in the United States. AcuityAds stock moved up 5% to $1.22 following the announcement.

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

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