At the beginning of a fresh trading week it might a good move for investors to take a look at some of the stocks which managed to record significant gains on Friday.
There were many stocks which recorded gains this past Friday and one of those was the Black Dragon Resource Companies Inc (OTCMKTS:BDGR). The stock ended the day with gains of as much as 17% and it could be a good move for investors to take a closer look at it. Amidst all this, it is also necessary to recognise that there has been no news at all about Black Dragon for many weeks and the last time the company was in the news was back on July 29 this year.
At the time, the management of Black Dragon provided an update with regards to the record date as well as the payout date of the dividend. The company announced that it was going to payout the dividends to the shareholders of ProTek Capital on August 31 this year. On the other hand, the record date for the shareholders had been set at July 30, 2021. It is unlikely that the dividend payout had any effect on the latest rally in the stock.
