Datametrex Sees Request To Increase Testing By 300% Due To Surging Cases

Datametrex AI (TSXV: DM) is expected to see its health division grow as a result of the exploding cases of the coronavirus. The firm this morning issued a brief update, indicating it has been requested to increase its services substantially to the film and production industry.

Datametrex AI's Logo

The company has reportedly been requested to increase weekly testing measures by 300% in the face of rising positive cases in Canada, with a 24 hour rotation to go into effect, effective immediately. The firm was previously on a 72 hour rotation to test production sets.

As a comparison to the prior quarter, the firm in Q3 conducted a total of 67,500 tests for 41 production companies. 28 sets were found in Vancouver, 11 in Toronto, and 2 in Montreal.

As per the company, the increased testing is expected to result in “a significant increase in revenue in the COVID-19 business.”

Datametrex AI last traded at $0.19 on the TSX Venture.


FULL DISCLOSURE: DataMetrex AI Limited is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover DataMetrex AI Limited on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.

Video Articles

Goliath Resources Hits 10.60 g/t Gold Over 22.82 Metres, Highest Grade Results In Third Distinct Rock Package At Surebet Discovery

Four Countries Control the Fertilizer That Feeds the World | Sage Potash

$10,000 Gold Is Just A Question of Time | Florian Grummes

Recommended

ESGold Outlines $24.3 Million NPV For Tailings Reprocessing Project

First Majestic Encounters 711 g/t Silver Equivalent Over 8.0 Metres In Ongoing Exploration At Los Gatos

Related News

Datametrex Signs 9 Additional Film & Television Productions For COVID-19 Testing

Datametrex AI (TSXV: DM) this morning provided an update to the market related to its...

Thursday, December 17, 2020, 08:56:44 AM

Datametrex Begins Beta Testing Medi-Call App

Datametrex AI (TSXV: DM) is taking the next step with its telehealth app. The firm...

Tuesday, March 1, 2022, 08:22:20 AM

Datametrex Secures Rights To Sell And Distribute Rapid COVID-19 Antigen Test Kits

Datametrex AI (TSXV: DM) this morning announced that it has secured the rights to sell...

Wednesday, August 12, 2020, 09:27:09 AM

Datametrex Moves To Final Round For $40 Million Contract Proposal

Datametrex AI (TSXV: DM) appears to be just a step away from securing a major...

Monday, October 25, 2021, 07:38:32 AM

Datametrex AI Secures Additional $2.4 Million In Contracts From Lotte Group

Success in foreign markets continues to grow for that of Datametrex AI (TSXV: DM), whom...

Thursday, August 13, 2020, 10:42:09 AM