The OTC market may not get as much coverage in traditional media as one would expect but at the same time, it is important to keep in mind that there are many companies listed in that market that may be worth looking into. After all, investors are in it for generating returns and that should perhaps be the only goal. There are many foreign companies that are listed on the OTC Markets as well and this article provides you a glimpse into some of the companies that you could add to your watch lists at this point.
Rogue Baron PLC (OTCMKTS:SHNJF) – The first one in this category that could be looked into by investors today is the Rogue Baron PLC stock.
The company is working in a niche that could well prove to be lucrative. It is trying to get positioned as a company that would help in meeting the rising demand for high-quality Japanese whiskeys.
The company seeks to meet the demand with Shinju Japanese Whisky, a brand that it owns. The company has already prepared for the project for a long time and is now in a position from which it can try and get a dominant position in the fast-growing Japanese premium whiskey market.
Nano One Material Corp (OTCMKTS:NNOMF) – Over the course of the past month, the Nano One Material Corp has been in the middle of a massive rally and has managed to clock gains of as much as 90% during the period.
As a matter of fact, the company was in the news back on Friday last week after the company’s Chief Executive Officer Dan Blondal provided certain key details with regards to the strategic partnership that Nano One struck up with Rio Tinto. Rio Tinto is going to provide the company with lithium and iron products and on top of that, it was also going to make a strategic investment worth as much as $10 million.
Almonty Industries Inc(OTCMKTS:ALMTF) – In the past week, the Almonty Industries Inc stock has been in the middle of a significant rally and has managed to record gains of as much as 25% as a consequence.
The company was actually in the news back on June 7 when it announced that it had managed to close a private placement to the tune of as many as 2,494,118 Chess Depository Interests. Almonty Industries made the offering for the price of A$0.85 for each interest and managed to raise as much as A$2.12 million. The placement was made with Deutsche Rohstoff, who is the third biggest shareholder at Almonty Industries.
The company’s main business is in the shipping, processing, and mining of tungsten concentrate, which is produced at the Los Santos Mine. The company is based out of Toronto in Canada. It may now be a good idea for investors to perhaps consider adding the stock to their watch lists and see if the stock can add to its gains further over the coming days.
West Vault Mining Inc (OTCMKTS:WVMDF) – Another OTC listed foreign company that has managed to emerge as a subject of focus among many investors in recent days is West Vault Mining Inc. The Vancouver, British Columbia-based company was in the news back on June 8 after it announced that it had been successful in finally launching the Arid Land Research Fund.
The fund in question is an initiative based out of Nevada and is meant for promoting the comprehension of the phenomenon of desertification. The announcement may have come as a source of optimism for investors at the time and that was perhaps the reason for the bullish trend in the West Vault Mining stock.
Frontier Lithium (OTCMKTS:LITOF) – The lithium industry may currently be one of the hottest for many investors but things have not been particularly great for Frontier Lithium in the markets. The company saw its stock tank by as much as 7% this past Friday and that took the decline over the course of the past week to as much as 20%.
The company is involved in the production of battery-quality lithium that could be used in the electric vehicle battery industry. Last week on June 7, the company announced that it had extended its Spark Lithium Deposit strike by as much as 80 meters and managed to discover a mineralized zone.
FXP Nickel Corp (OTCMKTS:FPOCF) – Nickel may have been one of the biggest movers in the commodity markets so far this year but over the past week, FXP Nickel Corp saw its stock decline by 15%. The company is interested in the development and exploration of the Decar Nickel District.
Last Thursday the company announced that it had managed to de-risk its Baptiste Nickel Project thanks to a range of engineering studies that it had conducted.
