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Stock Weekly: Covalon Technologies (COV:CAD1.44) jumps 8.3% on low volume

Feb 12, 2021 - News Bites Canadian Markets
Board and Executive Moves-Mergers and Acquisitions-Financial Results-Organizational Restructuring


Covalon Technologies Ltd. (TSXV:COV), Canada's 27th largest Biotechnology company by market cap, has climbed 11.0c (or 8.3%) in the past week to close at CAD1.44. Compared with the S&P/TSX 60 Index which rose 21.5 points (or 2.0%) in the week, this represented a relative price increase of 6.3%.

The price ranged between a low of CAD1.33 on Feb 05 and a high of CAD1.47 on Feb 10. In the past week the market cap has risen by CAD2.8 million ($2.2 million) to...