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.

Win Big With Our Small Cap Picks

 

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.

See more Small and Micro Cap Market Movers Daily from Sean Mason. Tomorrow’s big stock market winners could be found here today!

Hi, did you know SmallCapPower accepts blog submissions? You can contact me here

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

To read our full disclosure, please click on the button below: