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Gold Explorer Shines On Insider Buying

Published 2019-08-23, 03:34 p/m
Updated 2023-07-09, 06:31 a/m

More insider buying boosted investor interest in shares of a gold explorer Friday. Here’s some small stocks making big moves on Friday, Aug. 23.

Condor Gold Plc (LON:CNDR) shares moved 17% higher to $0.41 on Friday after the gold explorer announced that a non-executive director of the company purchased 50,000 shares of Condor Gold yesterday.

As well, shares of Cargojet Inc (TSX:CJT) jumped 15% to $104.10 as the provider of overnight air cargo services said it has entered into a new strategic agreement with Amazon Investment Holdings, an affiliate of Amazon.com Inc (NASDAQ:AMZN), for overnight air cargo services and charters.

Reliq Health Technologies Inc (TSXV:RHT), meanwhile, reported that it has signed contracts with six new clients in Texas, adding that the company remains on track to be cash-flow positive in Q4 of this calendar year. Reliq Health stock moved up 12% to $0.33 following the announcement.

Finally, Naikun Wind Energy Group Inc. (TSXV:NKW) shares continued to move higher Friday, up 63% to $0.13 following a 100% gain on Thursday, after the renewable energy company announced that it has signed an indicative offer with a major offshore wind development company to develop its wind resource in Hecate Strait, a few kilometres east of Haida Gwaii, within the traditional territory of the Haida Nation.

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