Canadian Stocks That Surged Highest Today: $FD $CERV $MMX

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Facedrive Health Unveils TraceSCAN Wearables For Tracing COVID-19

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Facedrive Inc. (TSX:FD) was amongst the top gainers in yesterday's trading session gaining 2.25%. The company has announced that its health services unit Facedrive Health has created TraceSCAN Wearables which is a contact tracing solution that meets the diverse market needs. Facedrive Health is also engaged in discussions with various companies in different sectors such as manufacturing, hospitality, transportation, and construction across the country to offer solutions complementing their current safety and health practices as businesses and companies reopen and workers return to workplaces.

The Facedrive Health BLE ConnectApp is now available on Google Play Store and Apple Store which can be used in pairing with TraceSCAN Wearables. The BLE Connect app allows users to connect with the contact tracing wearable technology and upload their data.

Cervus Equipment Reports Income Of $9.3 Million in Q2 2020

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Cervus Equipment Corp. (TSX:CERV) was also among the stocks that gained most in yesterday's trading session gaining 2.21%. The company announced its Q2 2020 results for the quarter ended June 30, 2020, in which its generated adjusted income of $8 million. The solid performance was due to a strong performance in the agricultural unit and the profitability of the transportation and industrial units. Income in Q2 2020 was $9.3 million or $0.59 per share compared to income of $2.8 million or $0.18 per share in Q2 2019.

At the end of the quarter, the company had $102 available from its syndicated operating facility with $31 million in cash. Also, the company declared a dividend of $0.015 per share in the quarter.

Maverix Metals Reports Record Revenue In Q2 2020 Of $11 million

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Another stock that was among the top gainers in yesterday's session is Maverix Metals Inc. (TSE:MMX) which gained 2.08%. The company has closed a royalty reduction agreement with Karora Resources. The precious metals royalty and streaming operator signed the transaction in line with the reduction of the gold royalty at the Beta Hunt mine of Karora in Western Australia. It allows shareholders of the companies to unlock the significant value of the gold mine.

The company reported record revenue of $11 million in Q2 2020 from its precious metals assets portfolio. Net income for the quarter ended June 30, 2020, was $3.1 million up from $0.61 million ion Q2 2019.

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