Following were the notable penny stock buzzers in the previous session on high volume. Keep an eye on these stocks this week.
If you are interested in nanocap stocks here is one you should look into
Generation Hemp (OTCMKTS:GENH) is a pure-play hemp stock operating in the midstream sector of the industry. While most of the stocks below have cannabis components that add risk, this stock could be the best way to capitalize on the booming hemp market.
Generation Hemp (OTCMKTS: GENH) uses hemp hurd, the byproduct of hemp processing, as animal bedding, under its Rowdy Rooster brand. Studies have proven hemp hurd bedding as one of the most absorbent, non-acidic materials, with low dust. It inhibits the growth of bacteria and mold that animals may breathe in from those dusty competitors.
Hemp hurd also absorbs 235% of its weight which is far better than the closest competition (55%). That’s why GENH’s hurd is now being used to help keep garages clean through a partnership with well-known brand Gas Monkey, Generation Hemp will manufacture a spill absorbent, sourced from hemp hurd.
Generation Hemp Inc. (OTCMKTS:GENH) is also in the crypto mining business, showing just how versatile hemp can be. GENH has partnered with Massachusetts-based Cryptech Solutions, the largest volume reseller of ASICS in North America, to build ‘green energy’ plants and Bitcoin mining farms that utilize hemp as the primary power source. GENH announced the first bitcoin mining facility through a Joint Venture ‘JV’ to be installed at Generation Hemp’s 48,000 sq. foot facility in Hopkinsville, Kentucky, which also houses a hemp drying operation through its wholly-owned subsidiary GENH Halcyon Acquisition.
This plant will be able to generate 2 megawatts (‘MW’) which would allow for up to 576 mining units. Assuming 100 TH/s per unit, GENH and Crypt Solutions would be able to generate $3.65 Million in Bitcoin revenues in 1 year of operations, assuming the price of Bitcoin doesn’t drop beyond its current low.
Federal National Mortgage Association (OTCMKTS:FNMA) stock was in action in the previous trading session as the stock went fell 1.16% to $0.7510 with over 1.02 million shares traded hands, compared to its average volume of 1.38 million shares.
Federal National Mortgage Association provides a source of financing for mortgages in the United States. It securitizes mortgage loans originated by lenders into Fannie Mae mortgage-backed securities (Fannie Mae MBS). The company operates through two segments, Single-Family and Multifamily.
SunHydrogen Inc. (OTCMKTS:HYSR) stock continued to trend in a range on Friday. On Friday, the stock was flat at $0.0330 with more than 3.93 million shares traded hands, compared to its average volume of 7.68 million shares.
SunHydrogen, Inc. engages in the development and marketing of solar-powered nanoparticle systems that mimic photosynthesis to separate hydrogen from water. The company was formerly known as HyperSolar, Inc. and changed its name to SunHydrogen, Inc. in June 2020. SunHydrogen, Inc. was incorporated in 2009 and is based in Santa Barbara, California.
Spooz Inc. (OTCMKTS:SPZI) stock was one of the active stock buzzers. The stock gained 7% to $0.0031 with over 21.74 million shares traded hands, compared to its average volume of 17.86 million shares.
Spooz, Inc. develops, markets, and sells electronic trading, market analysis, and trading decision support software solutions. It offers SpoozToolz technology that enables Microsoft Excel to perform complex analysis, monitoring, and electronic trade execution functions. The SpoozToolz modules include SpoozChartz, Custom Pricing Module, Autospreader, and Fractalz.
Zion Oil & Gas Inc. (OTCMKTS:ZNOG) stock was one of the notable active movers in previous trading session as the stock surged 14.72% to $0.2097 with over 1.97 million shares traded hands, compared to its average volume of 3.65 million shares.
Zion Oil & Gas, Inc., together with its subsidiaries, operates as an oil and gas exploration company in Israel. The company holds a petroleum exploration license onshore Israel, the New Megiddo License 428 comprising an area of approximately 99,000 acres. Zion Oil & Gas, Inc. was incorporated in 2000 and is headquartered in Dallas, Texas.
BlockQuarry Corp. (OTCMKTS:BLQC) stock was one of the most active stock buzzers. The stock gained 11.06% to $0.7255 with over 147K shares traded hands, compared to its average volume of 264K shares.
The company announced financial and operational performance highlights for the twelve months ended December 31, 2021, as well as the full launch of the Company’s Phase One 20MW hosting infrastructure at its Southeast U.S. cryptocurrency mining site, which will drive approximately $9.5 million in annual revenues going forward.
