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OTCMarkets UPDATE: Ipsidy, Ascot Resources and more

Published: 12:14 10 May 2018 EDT

Stock trading on a phone
Ascot Resources was a top gainer of the day

The OTCMarkets were on the rise today with only the OTCQX U.S. seeing a slight decline.

Ipsidy Inc (OTCQX:IDTY) made its debut on the OTCQX Best Market. The biometrics company just uplisted to the OTCQB Venture Market in March. The New York-based company won a contract with Zimbabwe’s Electoral Commission to bring its biometric finger matching voter registry system to the country’s upcoming general elections. Ipsidy recently introduced its own biometric authentication app, which is available for iPhone and Android. Shares were up nearly 2% to US$0.27.

READ: Ipsidy moves to OTCQX Best Market from QB Venture

Ascot Resources Ltd (OTCQX:AOTVF) was one of the top gainers of the day with shares rising double digits after the gold and silver exploration company increased its total gold resources at its flagship Premier-Dilworth Properties. The Vancouver-based company also operates the Swamp Point project in British Columbia and the Mt. Margaret deposit in Washington state. Its shares were up more than 10% to US$1.05.

MoneyOnMobile Inc (OTCQB:MOMTD) was a top decliner of the day after the mobile payments technology company announced the date for an Ownership Day, allowing shareholders to increase their ownership in the company. The Dallas-based company focuses on the Indian market, allowing consumers to use their phones to pay with their phones and transfer money. The proceeds will be used to expand growth in India.  Shares were down nearly 20% to US$5.99.

Delcath Systems Inc (OTCQB:DCTHD) shares fell after the pharmaceutical company released its first quarter results, reporting a decrease in revenue compared with the previous year’s first quarter. The New York-based company, which develops treatments for primary and metastatic liver cancers, recently began its trial of of Malphalan Hydrochloride to treat patients with intrahepatic cholangiocarinoma. Shares were down nearly 9% to US$3.00.

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