Energy Stock Powers Up On Asset Sale
Sean Mason, SmallCapPower.com | Feb 09, 2018 09:39
A billion-dollar asset transaction sparked a large price move for an energy stock Thursday. Here’s some small stocks making big moves on Thursday, Feb. 8, 2018 (as of 4 pm EST):
As well, shares of Just Energy Group Inc. (TO:JE) jumped 14% to $5.80 as the retail energy provider said it delivered a 79% year-over-year improvement in its base funds from operations during the third quarter.
King's Bay Gold Corporation (V:KBG), meanwhile, reported that despite some encouraging results from its Lynx Lake Copper-Cobalt Property, it is considering business opportunities within the cannabis sector. King’s Bay Resources stock moved up 24% to $0.105 following the announcement.
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