Canadian Stocks That Surged Highest Today: $REAX $PYR $PINK – Wire Real Estate

Canadian Stocks That Surged Highest Today: $REAX $PYR $PINK




Sep 2, 2020

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Real Brokerage is bullish with strong balance sheet

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Real Brokerage Inc. (TSX:REAX) was amongst top gainers in yesterday's trading session gaining 90.77%.

Real Brokerage reported a 25% drop in revenue in the Q2 2020 to $2,594. The decrease is attributed to several factors including the drop in home buying in Q2 due to the COVID-19 pandemic. The company reported $458 in net operating loss compared to $356 in net operating loss reported in Q2 2019.

In June 2020, the company listed on TSX-V following a successful transaction with ADL Ventures Inc. Following the successful transaction, the company raised $1,588 in form of private placement.

Real announced the appointment of Erinn Nobel and Peter Nobel as the company's Chief Culture Officer and Chief Strategy Officer respectively. The appointment is aimed at accelerating growth in the long term.

PyroGenesis Canada is risk-free as it unveils $3 million contract

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PyroGenesis Canada Inc. (TSX:PYR) was amongst top gainers in yesterday's trading session gaining 13.41%.

PyroGenesis has signed a $3 million contract with a wholly owned subsidiary of HPQ Silicon Resources Inc called HPQ Nano Silicon Powders Inc. The contract will involve exploitation of the novel PUREVAP(TM) Nano Silicon Reactor (NSiR) in the production of nano Silicon powder.n The contract will mainly target the battery industry.

The project will be implemented in two phases. The first phase will involve modification of the current GEN2 PUREVAP(TM) QRR to produce silicon nanowires and nano powders that are needed in the production of next generation of Lithium-ion (Li-ion) Si batteries. The second phase will involve production of semi-continuous process system.

Perimeter Medical Imaging AI is bullish and among the top daily gainers

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Perimeter Medical Imaging AI Inc. (TSE:PINK) was amongst top gainers in yesterday's trading session gaining 10.67%.

Perimeter Medical Imaging has announced the appointment of Mr. Steve Sapot as its Chief Commercial Officer, effective immediately. Mr. Steve will report to the company's President and CFO Mr. Jeremy Sobotta.

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