Precious Metals Explorer Shines on Metallurgical Results

Benchmark Metals Inc. (TSXV:BNCH), a precious metals explorer, rose after announcing metallurgical results from its Lawyers gold-silver project

Sean Mason | August 13, 2020 | SmallCapPower

Gold and silver recoveries propelled shares of a precious metals explorer Thursday. Here’s some small stocks making big moves on Thursday, August 13, 2020 (as of 4 pm EST):

Benchmark Metals Inc. (TSXV:BNCH) shares climbed 20% to $1.48 on Thursday after the precious metals explorer announced preliminary metallurgical results from its 100% owned Lawyers gold-silver project in British Columbia, in which recoveries ranged from 85% to 98% for gold, and 39% to 97% for silver.

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As well, shares of Input Capital Corp. (TSXV:INP) soared 78% to $1.53 as the agriculture streaming company said it has agreed to be acquire by Bridgeway National for $1.75 per share in cash.

Chorus Aviation Inc. (TSX:CHR), meanwhile, reported better-than-expected Q2 adjusted earnings of $0.13 per share. Chorus Aviation stock moved up 12% to $2.82 following the announcement.

Finally, Loop Insights Inc. (TSXV:MTRX) shares surged 33% to $0.265 after the artificial intelligence-driven retail marketing company announced the signing of a channel reseller partnership with bdG Sports LLC, to deliver contact tracing and automated marketing solutions for NBA, NHL, NCAA and PGA sporting events.

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

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

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