Brazil Energy Minerals Inc (OTCMKTS:BMIX) Stock Suddenly Falls 16%: Here is Why

Brazil Energy Minerals Inc (OTCMKTS:BMIX) could well be one of the more important mineral companies eventually considering the fact that it is regarded as the Strategic Mineral Resources Company that is going to be vital for the Green Energy Revolution.

Trading Data

On Monday, BMIX stock slid 16.13% to $0.0065 with more than 59.28 million shares traded, compared to its average volume of 12 million shares. The stock has moved within a range of $0.0039 – 0.0077 after opening trading at $0.0076.

Brazil Minerals Adds Graphite Properties and Releases New Website

While the company may have considerable potential, the Brazil Minerals stock actually turned out to be one of the notable laggards on Monday as it tanked by as much as 16% amidst a selloff. In this situation, investors ought to take a look at the announcement from the company yesterday with regards to the launch of its new website www.brazil-minerals.com.

The establishment of a new website is almost always a significant development for a company in this day and age. On the other hand, it was also noted that the mineral asset portfolio under the control of the company has also been expanded with the addition of as many as three graphite exploration rights. That was a major development in itself.

However, it cannot be denied that the announcements and updates could not prove to be a boost for the Brazil Minerals stock. Investors are possibly going to be hoping for a quick turnaround in the stock’s fortune’s today.