Palladium Junior Climbs on Assay Results

Palladium One Mining Inc. (TSXV:PDM), a palladium junior, rose after announcing assay results from its LK Project

Sean Mason | October 6, 2020 | SmallCapPower

Assays from Europe attracted more than a few speculators to shares of a palladium junior Tuesday. Here’s some small stocks making big moves on Tuesday, October 6, 2020 (as of 4 pm EST):

Palladium One Mining Inc. (TSXV:PDM) shares jumped 8% to $0.14 on Tuesday after the palladium junior announced first assay results from the resumed Phase I drill program at its LK Project in Finland, which included 72.0 metres of 1.96 g/t palladium equivalent 13.5 meters downhole.

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As well, shares of Diagnos Inc. (TSXV:ADK) gained as much as 18% as the Canadian healthcare artificial intelligence company said it has signed a contract with Devlyn Grupo, an optical retailer with more than nine hundred stores in Mexico and Guatemala, for the use of CARA AI technology in testing for diabetic retinopathy screening at select optical retail locations.

Nouveau Monde Graphite (TSXV:NOU), meanwhile, reported that it has signed a collaboration agreement with Forge Nano for the use of Forge’s Atomic Laser Disposition-coating technologies to complete Nouveau Monde’s graphite-based product range for the EV and renewable energy sectors. Nouveau Monde Graphite stock moved up 12% to $0.285 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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