Sean Mason | November 18, 2015 |
SmallCapPower
An
explorer generated much speculation after staking its claims to a ‘hot’ lithium
play Wednesday, while an FDA hearing didn’t help a small biotech stock. Here’s
some small stocks making big moves on Wednesday, November 18, 2015 (as of 4
pm EST):
Durango Resources Inc. (TSXV:
DGO) shares powered 100% higher to $0.06 on volume of more than 3.7 million
shares Wednesday after the resource junior announced that it has signed a right
of first refusal (ROFR) for additional claims adjacent to Nemaska Lithium
Whabouchi property in northern Quebec.
As well,
shares of Telesta Therapeutics Inc. (TSX:
TST) slid 50% to $0.395, before being halted, following the U.S. Food and Drug Administration Advisory
Committee’s discussion of Telesta’s bladder cancer therapeutic, MCNA.
Nanotech Security Corp. (TSXV:
NTS), meanwhile, reported that it has signed a Memorandum of
Understanding that contemplates an operational agreement to collaborate with Austria’s
HUECK FOLIEN GmbH in the production of a colour shifting security feature in
optical thin film. Nanotech Security stock moved up as much as 16% before closing down 1.6% to $1.23 following
the announcement.
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