Buyer Group International Inc (OTCMKTS:BYRG) Stock In Focus After Recent Development

On Wednesday, Buyer Group International Inc (OTCMKTS:BYRG) was one of the companies to have come into the news cycle after it made a significant new announcement.

Trading Data

On Wednesday, BYRG stock gained 2% to $0.0051 with 435.28K shares, compared to volume of 2.54 million shares. The stock moved within a range of $0.0049 – 0.0053 after opening trade at $0.0049.

Buyer Group International, Inc. Announces its End of Season Summary and Initial Goals for the Shambhala Platinum Project in 2023

The company made an announcement yesterday with regards to the progress it had made in 2022 so far and also enumerated some of its goals in 2023. The company announced that it had been successful in raising capital for its mining objectives for 2022, installed around the year security at its Shambhala number 7 mine, made high grade Rhodium, Palladium and Platinum intercepts at the same mine, and created a new corporate website among other major milestones.

The Chief Executive Officer of Buyer Group David A Bryant spoke about the situation at the company as well. He noted that with the new year coming along soon, there was considerable emphasis and enthusiasm towards making more progress at the Shambhala mine.

He went on to note that considering the current economic climate, the team at Buyer Group was also determined to keep the costs of doing business as low as possible during the course of 2022. He added that the company had been able to reach its cost goals in 2022.