Neptune Wellness Solutions Inc. (NASDAQ:NEPT) Stock Slumps As Investors Are Not Happy With Earnings

August 13, 2021

Neptune Wellness Solutions Inc. (NASDAQ:NEPT) fell 13% after announcing fiscal Q1 2022 financial results for the period ended June 30, 2021, and provided operating results. Revenue exceeded the previously announced Q1 range of $10 to $12 million and increased 83% quarter over quarter. Revenue was $12.4 million relative to $11.2 million in Q1 2021. The company reported a net loss of $23 million compared to $11.4 million a year ago,…

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Bergio International Inc. (OTCMKTS:BRGO) Stock Moves Up Again: How to Trade Now?

August 13, 2021

Bergio International Inc. (OTCMKTS:BRGO) jumped 8% after announcing Q2 and year-to-date financial results for June 30, 2021. In Q2 2021, global gross sales increased 2600% to $2.137 million relative to $77900 a year ago. Gross profit was up 5,300% to $1.759 million, up from 32,090 a year ago, equaling 82% of sales relative to 41% of sales in Q2 2020.  In addition, the company reported stockholder equity had reached $2.69…

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McEwen Mining Inc (NYSE:MUX) Stock Attempts To Bounce Back: What Next?

August 12, 2021

McEwen Mining Inc (NYSE:MUX) is among the notable laggards in the market over the course of the past week and has declined by as much as 11% during the period. There has been no news about the company this week but earlier on this month McEwen reported its financial results for the fiscal second quarter and for the first half of the year, both of which ended on June 30,…

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Zosano Pharma Corporation (NASDAQ:ZSAN) Stock Corrects 11% in a Month: A Good Opportunity?

August 12, 2021

Zosano Pharma Corporation (NASDAQ:ZSAN) is down 11% in a month. The company reported its Q2 financial results and business highlights for the period ending June 30, 2021.  CEO Steven Lo said they are delighted to have commenced the healthy volunteer’s pharmacokinetic study requested by the US FDA for NDA resubmission for M207.  Lo said that the study evaluated safety and pharmacokinetics in 38 healthy volunteers. The company is working to…

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Direct Equity International Inc. (OTCMKTS:DEQI) Stock In Focus After The News: How to Trade?

August 12, 2021

Direct Equity International Inc. (OTCMKTS:DEQI) focuses after announcing another milestone in its process to meet OTC Markets’ filling requirements after submitting its previous financial statements, legal opinions, and disclosures. The company’s management is pleased to announce that DEQI has received Pink Current information status from OTC. CEO Robert Milstein said that the company had met the requirements necessary to obtain Pink Current status. In addition, he noted that DEQI had…

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Cybernetic Technologies Ltd (OTCMKTS:HPIL) Stock Jumps Again: Soars 52% in a Week

August 12, 2021

Cybernetic Technologies Ltd (OTCMKTS:HPIL) jumped 27% and 52% in a week. The company has announced that the OTC has approved its OTCIQ application effective immediately. Following the approval, CEO Stephen Brown said that the company will continue as the holding parent company forApogee Dynamics, Cybernetic Technologies, World Gaming Group, Medusa Artificial Intelligence, and WNFT Procurement. Brown said that they are delighted with the accomplishment within a short period, and they…

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Borneo Resource Investments Ltd (BRNE) Stock Falls Hard: What’s Going On?

August 11, 2021

Gold mining company Borneo Resource Investments Ltd (OTCMKTS:BRNE) has been largely dormant in terms of news for many years. However, that did not stop the company’s stock from suffering from a strong selloff yesterday. The Borneo Research Investment stock tanked by as much as 45% as a result of the selloff yesterday and in this regard, it should be noted that it appeared completely random. The last time any news…

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Medical Marijuana Inc (OTCMKTS:MJNA) Stock in News: How to Trade Now?

August 11, 2021

Medical Marijuana Inc (OTCMKTS:MJNA) is a cannabis company with a rich legacy due to its distinction of being the first company in the industry to be listed publicly in the United States. The company was also the first to have come up with cannabis based nutraceutical products and brand. However, in recent times the Medical Marijuana stock has traded in a range and in this context, it is perhaps important…

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NewAge Inc. (NASDAQ:NBEV) Stock Gains Momentum: How Far Can it Go?

August 11, 2021

NewAge Inc. (NASDAQ:NBEV) jumped 14% after announcing its Q2 2021 financial results, in which net revenue was $124 million. The company reported adjusted EBITDA of around $1.7 million, net income of $17.4 million, and basic EPS of $0.11. Net revenue increased 98% compared to a year ago. CEO Brent Willis said that Q2 2021 saw an increase in the bottom and topline results. Brent said that during the quarter, the…

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Artificial Intelligence Technology Solutions Inc. (AITX) Stock Falls 10% in a Week: What Next?

August 11, 2021

Artificial Intelligence Technology Solutions Inc. (OTCMKTS:AITX) is down 10% in a week. The company’s subsidiary Robotic Assistance Devices Inc., has won a three-unit ROSA180 order from a leading auto group in North California. In addition, the company said that the client had recently ordered 6 ROSA180 units for dealership location protection despite not naming the customer. Robotics Assistance Devices CEO Steve Renharz said the order is repeated order as ROSA180…

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