An agreement
involving multiple drug initiatives attract some buyers Friday while a silver
miner slipped on production results. Here’s some small stocks making big moves
on Friday, October 23, 2015 (as of 4 pm EST):
SQI Diagnostics Inc. (TSXV: SQD) shares jumped 27% to $0.445 on Friday after the life
sciences and diagnostics company announced a product development agreement
with a global pharmaceutical company that formalizes the terms of multiple drug
initiatives over the next three years.
As well, shares
of New Flyer Industries Inc. (TSX:
NFI) rose 4% to $19.23 as the manufacturer of heavy-duty transit buses in the
United States and Canada said that the Massachusetts Bay Transport
Authority awarded the Company a contract valued at approximately $223
million for up to 725 40-foot Xcelsior heavy-duty transit buses. New Flyer is also a component company of
the Ubika Sustainability 20. See the top-performing
index here >>
Excellon Resources Inc. (TSX: EXN), meanwhile, reported third-quarter 2015
production results from the Platosa Mine in Mexico, which showed silver
equivalent production falling to 419,583 ounces from 455,150 ounces during the
same period last year. Excellon stock dropped 14% to $0.33 following the announcement.
Disclosure: SQI Diagnostics is a client company of
SmallCapPower and has paid a fee for coverage.
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