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Gem shares gain as cash stock rises

Wednesday, March 1, 2017 12:00
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(Before It's News)

Gem International Resources Inc (CVE:GI) shares advanced by more than 6% on Wednesday after the company recorded a swelling in its cash pile with its quarterly accounts.

In the three months to Dec 31 cash rose to C$11,018 from C$3,933 in the same period in 2015.

The company also recorded a little changed comprehensive loss for the period of C$97,201 versus C$77,383 a year earlier.

Gem shares were up 6.25% to C$0.08 on Wednesday.

Story by ProactiveInvestors



Source: http://www.proactiveinvestors.com/companies/news/174057/gem-shares-gain-as-cash-stock-rises-174057.html

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