A U.S. mobile sports betting agreement paid off big for investors in a Canadian digital media stock Thursday. Here’s some small stocks that made big moves on Thursday, Aug. 1:
theScore Inc. (TSXV:SCR), a digital media stock, climbed 16% to $0.485 on Thursday after announcing an expansion of its U.S. mobile sports betting platform through a multi-state market access framework agreement with Penn National Gaming Inc (NASDAQ:PENN), North America’s largest regional gaming operator. Penn National has also agreed to take a US$7.5-million equity stake in theScore.
As well, shares of HudBay Minerals Inc (TSX:HBM) fell 21% to $5.04 as the base metals miner said it will appeal Wednesday’s ruling by a U.S. District Court judge in Arizona, which halted construction of the company’s nearly $2-billion Rosemont copper project.
Trevali Mining Corporation (TSX:TV), meanwhile, reported record quarterly zinc production of 105.2 million pounds during Q2 2019, while noting that the zinc price had been trending steadily downwards to a low at period end. Trevali Mining stock eased 6% to $0.235 following the announcement.
A U.S. mobile sports betting agreement paid off big for investors in a Canadian digital media stock Thursday. Here’s some small stocks making big moves on Thursday, August 1, 2019 (as of 4 pm EST):
A U.S. mobile sports betting agreement paid off big for investors in a Canadian digital media stock Thursday. Here’s some small stocks making big moves on Thursday, August 1, 2019 (as of 4 pm EST):