GNCC Capital Inc (OTCMKTS:GNCP) Stock Doubled In a Week: What’s The Buzz?

In the past week, the GNCC Capital Inc (OTCMKTS:GNCP) stock has been in the middle of a strong rally and in that period it has managed to clock gains of as much as 100% amidst heavy interest.

Trading Data

On Monday, GNCP stock ended flat at $0.0002 with more than 290.07 million shares, compared to its average volume of 184.54 million shares. The stock moved within a range of $0.0001 – 0.0002 after opening trade at $0.0002.

GNCC Capital, Inc. Files The Agreements For Silverpeak Lithium And Uranium Transactions

Those are considerable gains and it could well be the right time for investors to consider taking a closer look at the latest developments. As it happens, the company was in fact in the news cycle yesterday after it announced that it had made the necessary Regulatory OTCIQ Filing and had also added the Agreements with the filing that were necessary for the Material Transactions.

It was an important announcement from the company and one that could have far reaching ramifications on GNCC Capital’s long term prosperity as a company as well. The transactions in question had actually been completed by the fully owned subsidiary company of GNCC Capital, USA Lithium Holdings Corporation. It is now going to be interesting to see if the stock can manage to add to its gains over the course of the coming days or not. It could be a good move from investors to consider adding the stock to their watch lists.

Technical Data

GNCP stock is trading below the 20-Day and 50-Day Moving averages of $0.0002 and $0.0002 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0003.