Beverage Stock Bubbles Up on Financial Results

Diamond Estates Wines & Spirits Inc. (CVE:DWS), a beverage stock, popped after announcing that its first-quarter earnings soared 12 fold

Sean Mason | August 19, 2016 | SmallCapPower

Tasty returns from a beverage stock was cause for celebration for more than a few shareholders Friday. Here’s some small stocks making big moves on Friday, August 19, 2016 (as of 4 pm EST):

Beverage stock Diamond Estates Wines & Spirits Inc. (CVE:DWS) jumped 22% to $0.165 on Friday after announcing that its first-quarter revenue rose 26.6% to $9,149,120, while net earnings for the quarter soared 12 fold to $716,202, or $0.01 per share.

As well, shares of Centric Health Corporation (TSE:CHH) gained 14% to $0.42 as the healthcare services provider said its Specialty Pharmacy division has formed a strategic alliance with The Good Samaritan Society to deliver pharmacy services to more than 2,400 long-term care and assisted living residents at all 28 care homes and several specialized programs in British Columbia and Alberta.

Win Big With Our Small Cap Picks


Thor Explorations Ltd. (CVE:THX), meanwhile, reported that it has closed its previously-announced acquisition of a 100% interest in the Segilola gold project in Nigeria. Thor Explorations stock moved up 17% to $0.135 following the announcement.

Finally, Valeura Energy Inc. (TSE:VLE) shares powered 20% higher to $1.15 after the oil and gas producer/explorer announced that its wholly-owned affiliate, Corporate Resources B.V., has executed the definitive transaction documents with Statoil Holding Netherlands B.V. for a farm-in agreement for the exploration of the deeper formations on Valeura’s two 100% owned and operated Banarli exploration licences in Turkey.

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


The Content contained on this page (including any facts, views, opinions, recommendations, description of, or references to, products or securities) made available by SmallCapPower/Ubika Research is for information purposes only and is not tailored to the needs or circumstances of any particular person. Any mention of a particular security is merely a general discussion of the merits and risks associated there with and is not to be used or construed as an offer to sell, a solicitation of an offer to buy, or an endorsement, recommendation, or sponsorship of any entity or security by SmallCapPower/Ubika Research. The Reader should apply his/her own judgment in making any use of any Content, including, without limitation, the use of any information contained therein as the basis for any conclusions. The Reader bears responsibility for his/her own investment research and decisions. Before making any investment decision, it is strongly recommended that you seek outside advice from a qualified investment advisor. SmallCapPower/Ubika Research does not provide or guarantee any financial, legal, tax, or accounting advice or advice regarding the suitability, profitability, or potential value of any particular investment, security, or information source.