Stock Challengers are having one heck of a month!
Member ‘Phillip Yao’ has taken over first place with an eye-popping return of 249.33%, followed behind by second place member ‘jack86’ (180.70% return) and third place member ‘Stephen Ng’ (165.67% return). Needless to say, these are some monster returns!
That said, this contest is far from over. Not only are there 5 trading days left in January, but the Top 15 Stock Challengers all have triple-digit returns – making a shakeup in the leaderboards a real possibility…
AzurRx BioPharma Breaks Out While Labrador Gold Breaks Down
AzurRx BioPharma, a company specializing in the development of targeted non-systemic, recombinant therapies for gastrointestinal (GI) diseases, had the biggest breakout of the day, rising 48.39% from US$1.24 to US$1.84. Yesterday, the company provided an update on Phase2b OPTION 2 Extension Study of MS1819 in Cystic Fibrosis Patients.
“As expected, the Data Monitoring Committee (DMC) remains supportive of our program with no safety concerns regarding the design and protocol of the study,” said Dr. James Pennington, Chief Medical Officer of AzurRx BioPharma. “Due to enrollment in the initial crossover trial being ahead of schedule, we are given an opportunity to thoroughly explore optimal doses and capsule types that will help guide our future development plans for MS1819 in a Phase 3 program. In the meantime, we will continue our preparation for a successful FDA meeting later this year.”
Labrador Gold, a Canadian based mineral exploration company focused on the acquisition and exploration of prospective gold projects in Eastern Canada, had one of the biggest breakdowns of the day, falling 8.54% from C$0.41 to C$0.38. Yesterday, the company announced new high-grade assay results.
“These new assay results confirm we have a robust high-grade gold target at Big Vein,” said Roger Moss, President and CEO of Labrador Gold. “Significant assays in rock samples now outline at least 100m strike along Big Vein, with some high-grade samples displaying visible gold mineralization similar to that seen at New Found Gold’s Queensway project along strike to the southwest. Big Vein is shaping up to be a high priority target for our upcoming drill program.”