Following were the notable penny stock buzzers in the previous session on high volume. Keep an eye on these stocks this week.
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Voyager Digital Ltd. (OTCMKTS:VYGVF) stock continued to trend lower on Friday. On Friday, the stock went down 7.12% to $3.65 with more than 596K shares traded hands, compared to its average volume of 608K shares.
Earlier this month, the company announced preliminary revenue and user metrics for the fiscal 2022 third quarter ended March 31, 2022 and is pleased to provide commentary on the Company’s calendar 2022 growth plans.
Tamarack Valley Energy Ltd. (OTCMKTS:TNEYF) was one of the biggest active movers on Friday. The stock fell 4.65% to $3.90 with over 199k shares traded hands, compared to its average volume of 92K shares.
The company has entered into a definitive agreement to acquire Rolling Hills Energy Ltd., a privately held pure play Clearwater oil producer, for total consideration of $93.0 million. Tamarack has also entered into additional agreements to further consolidate its Clearwater position through the addition of undeveloped lands in the Peavine area (together with the Corporation Acquisition, the “Clearwater Transactions”).
Planet 13 Holdings Inc. (OTCMKTS:PLNHF) stock was one of the active stock buzzers. The stock fell 3.58% to $2.04 with over 353K shares traded hands, compared to its average volume of 448K shares.
Last week, the company announced the start of expansion of its Nevada cultivation facility adding 22,000 square feet of cultivation space to fuel in-house product growth.
“We’ve seen incredible consumer support for our brands like TRENDI and HaHa which have risen to among the top selling brands in their respective categories in Nevada. The only thing that has limited Medizin, our popular premium flower brand, from joining them at the top of the leaderboard has been supply constraints. Our lack of supply has historically led to us selling out every harvest, leaving our customers wanting more,” said Larry Scheffler, Co-CEO of Planet 13.
Columbia Care Inc. (OTCMKTS:CCHWF) stock was one of the notable active movers in previous trading session as the stock ended lower by 1.78% to $2.54 with over 259K shares traded hands, compared to its average volume of 470K shares.
Recently, the company announced that it will begin adult use sales today at its two New Jersey dispensaries, both now under the Cannabist brand, in Deptford and Vineland. Cannabist Deptford is located at 1692 Clements Bridge Road in Deptford; Cannabist Vineland is located at 1062 N. Delsea Dr.
enCore Energy Corp. (OTCMKTS:ENCUF) stock was one of the most active stock buzzers. The stock slid 5.26% to $1.26 with over 439K million shares traded hands, compared to its average volume of 390K shares. The company announced that the refurbishment of its 100% owned Rosita In-Situ Recovery (ISR) Uranium Processing Plant (Rosita Plant) is presently 90% complete with an expected completion date in May 2022. The Plant modernization and refurbishment is essential to the Company goal of becoming the next producer of American uranium.
