Infrastructure Services Stock Jumps on Financial Results

Badger Daylighting Ltd. (TSX: BAD), an infrastructure services stock, shot up after announcing a profit surge, dividend increase

Sean Mason | August 14, 2017 | SmallCapPower

Surging profits and a big dividend hike boosted an infrastructure services stock Monday. Here’s some small stocks making big moves on Monday, August 14, 2017 (as of 11:30 am EST):

Badger Daylighting Ltd. (TSX: BAD), an infrastructure services stock, climbed 12% to $29.59 on Monday after announcing a second-quarter net profit of $14.7 million, up from $6.0 million during the same period last year, on a 34% increase in revenue to $123.4 million. The Company also approved a 15% increase in its monthly dividend to $0.038 per share.

 

As well, shares of PyroGenesis Canada Inc. (TSXV: PYR) rose 4% to $0.71 as the provider of plasma technology said it has developed a new plasma-based process to produce metal powders which, not only enables MIM cut powder production at higher volumes, but may have a greater impact on the market than the Company’s original Plasma Atomization technology. PyroGenesis added that the previously announced ramp-up phase for its first powder production system remains on schedule.

Related: PyroGenesis Canada CEO Says “We Just Became Cash Flow Positive on an EBITDA (Adjusted) Basis”

Firestone Ventures Inc. (TSXV: FV), meanwhile, reported that it has completed agreements to settle an aggregate of $474,840 of debt owed to a Company controlled by a current director and a former officer of Firestone Ventures, in consideration for the issuance to the creditors of an aggregate of 9,496,800 common shares of Firestone, at a deemed price of $0.05 per share. Firestone Ventures stock moved up 43% to $0.05 following the announcement.

To find out more about PyroGenesis Canada Inc., please visit the company’s Investor Hub.

Ubika Research/SmallCapPower has received compensation from PyroGenesis Canada to provide analyst research coverage. For full disclosure please visit here >>

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

Hi, did you know SmallCapPower accepts blog submissions? You can contact me here

Disclosure: 

The Content contained on this page (including any facts, views, opinions, recommendations, description of, or references to, products or securities) made available by SmallCapPower/Ubika Research is for information purposes only and is not tailored to the needs or circumstances of any particular person. Any mention of a particular security is merely a general discussion of the merits and risks associated there with and is not to be used or construed as an offer to sell, a solicitation of an offer to buy, or an endorsement, recommendation, or sponsorship of any entity or security by SmallCapPower/Ubika Research. To read more of this Disclaimer please click on the button below:

The Content contained on this page (including any facts, views, opinions, recommendations, description of, or references to, products or securities) made available by SmallCapPower/Ubika Research is for information purposes only and is not tailored to the needs or circumstances of any particular person. Any mention of a particular security is merely a general discussion of the merits and risks associated there with and is not to be used or construed as an offer to sell, a solicitation of an offer to buy, or an endorsement, recommendation, or sponsorship of any entity or security by SmallCapPower/Ubika Research. The Reader should apply his/her own judgment in making any use of any Content, including, without limitation, the use of any information contained therein as the basis for any conclusions. The Reader bears responsibility for his/her own investment research and decisions. Before making any investment decision, it is strongly recommended that you seek outside advice from a qualified investment advisor. SmallCapPower/Ubika Research does not provide or guarantee any financial, legal, tax, or accounting advice or advice regarding the suitability, profitability, or potential value of any particular investment, security, or information source. Ubika and/or its affiliates and/or their respective officers, directors or employees may from time to time acquire, hold or sell securities and/or commodities and/or commodity futures contracts in certain underlying companies mentioned in this site and which may also be clients of Ubika’s affiliates. In such instances, Ubika and/or its affiliates and/or their respective officers, directors or employees will use all reasonable efforts to avoid engaging in activities that would lead to conflicts of interest and Ubika and/or its affiliates will use all reasonable efforts to comply with conflicts of interest disclosures and regulations to minimize the conflict.