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The Markets
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The Markets
by Proactive
Proactive UK has moved.
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Manufacturing & engineering

Allied Copper stock surges on lithium recovery results plus more daily small cap movers

Lithium recoveries from its extraction technology powered shares of Allied Copper Corp Tuesday plus other big percentage movers on news from the small and micro cap space

4:05pm: Allied Copper, PyroGenesis Canada shares add to gains late day

Allied Copper closed up 32% to $0.205, while PyroGenesis Canada rose 20% to $1.25, Brunswick (NYSE:BC) Exploration finished 13% higher to $0.63, and Beyond Minerals ended up 25% to $0.25.

11:30am: Allied Copper, PyroGenesis Canada shares advance sharply

Allied Copper Corp (TSXV:CPR) shares climbed 29% to $0.20 on Tuesday after the battery-metals focused exploration company announced that its lithium-focused Volt Lithium Corp division has achieved 93% lithium recoveries from its proprietary extraction technology, called IES-200.

As well, shares of PyroGenesis Canada Inc. (TSX:PYR, NASDAQ:PYR) gained 15% to $1.20 as the manufacturer of advanced plasma processes said all of the findings and recommendations made by a leading global aerospace company as part of the on-site audit of its NexGen metal powder production facility have been successfully completed and accepted.

READ: PyroGenesis announces approval of NexGen facility by global aerospace client for 3D metal powder production

Brunswick (NYSE:BC) Exploration Inc (TSXV:BRW), meanwhile, reported that it has staked additional prospective lithium-cesium-tantalum claims in the James Bay-Eeyou Istchee region of Quebec, and has also optioned a claim block from Globex Mining Enterprises that is adjacent to these new claims, collectively called the Mirage Project. Brunswick (NYSE:BC) Exploration stock moved up 11% to $0.62 following the announcement.

And, Beyond Minerals Inc (CSE:BY) shares rose 25% to $0.25 on Tuesday after the exploration and mineral properties acquisition company announced the acquisition of a 100% undivided interest in 15 contiguous mining claims comprising the Peggy Group Lithium property located about 80 kilometres north of Sioux Lookout in northwestern Ontario, in consideration for $125,000 in cash plus 2.5 million Beyond Minerals common shares.

Contact Sean at sean@proactiveinvestors.com

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