Water Treatment Stock Gushes on Purchase Order

ENPAR Technologies, Inc. (TSXV: ENP), a water treatment stock, climbed after announcing a purchase order from Chemsbro of Saudi Arabia

Sean Mason | February 7, 2017 | SmallCapPower

A Saudi Arabia purchase order had some speculators flowing into a water treatment stock Tuesday. Here’s some small stocks making big moves on Tuesday, February 7, 2017 (as of 4 pm EST):

Water treatment stock ENPAR Technologies, Inc. (TSXV: ENP) jumped 15% to $0.115 on Tuesday after announcing that it has received a purchase order from Chemsbro of Saudi Arabia for an ESD water treatment plant with an approximate value of C$1.5 million.

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As well, shares of NuLegacy Gold Corporation (TSXV: NUG) slipped 17% to $0.285 as the gold explorer said it has released assay results from the stratigraphic core hole drilled during the 2016 winter exploration program (AV-4C) in Nevada, which included 42.5 metres of 0.56 grams per tonne (g/t) gold.

First Global Data Limited (TSXV: FGD), meanwhile, reported that it has entered into an agreement to provide business to business cross border payment services for China based eGTCP.com, which is owned and operated by the Great Tao E-Commerce Holdings Co. Ltd. First Global Data stock moved up 12% to $0.53 following the announcement.

In addition, shares of Sanatana Resources Inc. (TSXV: STA) rose 40% to $0.035 as the resource junior said it has entered into three option agreements to acquire a 100% contiguous interest in the Jackfish property in northern Ontario.

Finally, UrtheCast Corp. (TSX: UR) shares climbed 21% to $1.88 as the geospatial and geoanalytics provider announced a long-term agreement with GEOSYS, a Land O’Lakes subsidiary, to purchase geospatial data from the UrtheDaily Constellation, UrtheCast’s planned constellation of Earth observation satellites, which will deliver daily, medium resolution imagery of the entire planet’s landmass (excluding Antarctica).

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