Resource Junior Rises on Zinc Drill Results

Great Atlantic Resources Corp. (TSXV:GR), a resource junior, moved higher after announcing drill results from its Keymet Precious-Base Metal Property in New Brunswick

Sean Mason | March 2, 2018 | SmallCapPower

A few resource junior speculators took a shine to zinc drill results Friday. Here’s some small stocks making big moves on Friday, March 2, 2018 (as of 4 pm EST):

Great Atlantic Resources Corp. (TSXV:GR) shares climbed 25% to $0.10 on Friday after the resource junior announced results for the final batch of drill core samples from the recent diamond drilling program at its Keymet Precious-Base Metal Property in New Brunswick, which included 35.4% zinc equivalent over 1.27 meters.

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As well, shares of RYU Apparel Inc. (TSXV:RYU) slipped 8% to $0.285 as the provider of urban athletic apparel and accessories said it has signed an agreement with WeWork to be a preferred vendor of apparel for their Rise by We gym spaces.

Sleep Country Canada Holdings Inc. (TSX:ZZZ), meanwhile, reported that its fourth-quarter revenue rose 13% to $153.6 million, while recording same-store sales growth of 9.3%. Sleep Country Canada stock moved up 15% to $36.18 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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