Real Estate Tech Stock Rises on Revenue Surge

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Clarocity Corporation (CVE:CLY), a real estate tech stock, moved higher after announcing a 195% revenue gain for May 2017

Sean Mason | June 14, 2017 | SmallCapPower

A big monthly revenue increase sparked a bit of speculation in a real estate tech stock Wednesday. Here’s some small stocks making big moves on Wednesday, June 14, 2017 (as of 4 pm EST):

Clarocity Corporation (TSXV: CLY), a real estate tech stock, jumped 10% to $0.16 on Wednesday after announcing that its unaudited revenue figure for May 2017 totaled $1.3 million, an increase of 195% as compared to May 2016.

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As well, shares of Aimia Inc. (TSX: AIM) slid 27% to $1.53 as the data-driven marketing and loyalty analytics company said it has suspended payment of all dividends on both its outstanding common shares and preferred shares, effective immediately.

Saint Jean Carbon Inc. (TSXV: SJL), meanwhile, reported that it has completed a full cell graphene battery, and is working on creating high performance graphene batteries through a series of research projects. Saint Jean Carbon stock moved up as much as 22% before ending unchanged at $0.045 following the announcement.

Finally, Spearmint Resources Inc. (TSXV: SRJ) shares gained 25% to $0.025 after the junior explorer announced that it has acquired a 100% interest in four separate vanadium prospects, all located in the direct vicinity of Lac Chibougamau, Quebec, comprising 50 separate claims totaling approximately 2775 hectares.

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

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Disclosure: Neither the author nor any of the principals at Small Cap Power, or their family members, own shares in any of the companies mentioned above.

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