Canadian Stocks That Surged Highest Today: $PTG $NTAR $CG

The Market Signal was created as a platform to help investors, if you own (TSX:PTG), (TSX:NTAR) or (TSE:CG) and want to join the fastest growing community of investors on the web then sign up to the link below. Members get free access to the best investment tools in the world. Start trading like a pro today. This is a limited time offer so click the link below NOW.
(Click link above or copy, paste and hit enter in your browser for your report)

Pivot Technology Solutions Posts Revenue Of $332.1 million in Q2 2020

(Click link above or copy, paste and hit enter in your browser for your report)

Pivot Technology Solutions Inc. (TSX:PTG) was amongst the top gainers in yesterday's trading session gaining 38.38%. The company has entered an agreement with Computer Centre Plc and it's subsidiary 1264283 B.C Ltd pursuant to which it will be acquired by 1264283 B.C. as per the agreement 1264283 B.C will purchase all outstanding Pivot Technology common shares fat CA$2.6 per share for a total value of CA$105.8 million. The price per share of CA$2.6 represents a 40.5% premium to the closing price on September 8, 2020.

In the second quarter, the posted revenue of $332.1 million compared to $459.9 million in the same quarter a year ago. Gross profit was up to 15.1% at $50.2 million compared to $60.1 million last year. Pivot paid dividends of $1.5 million in the second quarter.

Nextech Ar Solutions Acquires eCommerce Platform Next Level Ninjas

(Click link above or copy, paste and hit enter in your browser for your report)

Nextech Ar Solutions Corp. (TSX:NTAR) was also among the stocks that gained most in yesterday's trading session gaining 11.04%. The company has acquired Next Level Ninjas which is a fast-growing eCommerce platform. Next levels Ninjas matches product testers and brans on the VIP Product Testers site thus helping businesses ion gaining momentum. This platform works with various e-commerce platforms such as eBay, Shopify, Amazon, Walmart, Etsy, and Jet.

In tQ2 2020 the company reported a 290% YoY increase in revenue to $3.5 million with gross profit also up 484% to $3.1 million. Total bookings in the quarter were $3.7 million and working capital was $5.6 million.

Centerra Gold Declares Quarterly Dividend of $0.05

(Click link above or copy, paste and hit enter in your browser for your report)

Another top gained in yesterday's session was Centerra Gold Inc. (TSE:CG) which gained 5.53%. The company announced its quarterly dividend of $0.05 per share on August 13, 2020. The dividend will be payable to shareholders on August 28, to those that will be on record on August 28, 2002. The dividend represents a $0.20 annualized dividend and a yield of 1.23%. The latest dividend declaration is an improvement from the last quarter dividend of $0.04.

Recently Ramond James upgraded their target price of the stock to CA$20 per share fro CA4 19 and gave Centerra Gold an outperform rating. Currently, the stock has a market cap of around $5.64 billion.

Please email or contact us for any edits or errors relating to this stock market news.

If you would like information on using our press release distribution service aimed at helping investors with the best stocks to buy and how to create your own stock portfolio. We cover the US Stock Market, Canadian Stock Market, the Australian Stock Market and other Stock Market news.

We will get back to you within 24 hours.


comtex tracking


Is there a problem with this press release? Contact the source provider Comtex at