When a stock emerges as one of the biggest movers in the micro cap segment then it is also perhaps the right time for investors to start taking a bigger interest in it. One such stock is that of Metal Arts (OTCMKTS:MTRT), which has emerged as a massive mover in recent days and rocketed to as much as $3.45 a share from triple zeroes not too long ago. The stock…
Eloxx Pharmaceuticals Inc. (NASDAQ:ELOX) jumped 10% after the US FDA granted the company Fast track designation for its drug candidate, ELX-02, to treat patients with cystic fibrosis with nonsense alterations. Currently, the drug candidate is in second phase clinical studies in cystic fibrosis patients with the nonsense mutation in the CF transmembrane conductance regulator (CFTR) gene who don’t have any available efficient disease-modifying treatments available. Most importantly, the second phase…
There was no specific news about GNCC Capital Inc (OTCMKTS:GNCP) on Thursday but the company’s stock suffered from a strong selloff and ended the day with a decline of as much as 33%. Major Triggers In this situation, it is perhaps important for investors to figure out if it could be an opportunity to get into the stock. However, back on September 3 the company sent out a press release…
Business process automation solutions providing firm Exela Technologies Inc (NASDAQ:XELA) has seen its stock have a pretty rough ride over the course of the past few days. The trend continued on Wednesday as the Exela stock tanked by another 7% and took its losses over the course of the past week to as much as 12%. There was no news about the company yesterday but in this regard it should…
On Wednesday, the All American Gold Corp (OTCMKTS:AAGC) stock ended the day as one of the biggest gainers as it recorded gains of as much as 105% following heavy interest. Yesterday, the company announced that Geoffrey Heath had decided to move on from his position as the Chief Executive Officer of the company. While thanking Heath for his services to the company, American Gold was also quick to point out…
Pond Technologies Holdings Inc. (OTCMKTS:PNDH) is up 11% in a week. Recently the company announced the execution of a commercial agreement with a fortune 500 firm and leading oilsands producer to grow coronavirus antigens expressed from a unique algae strain. The antigens will be vital in rapid diagnostic testing. According to the agreement, Pond will receive milestone payments of up to C$1 million within the next eight months. In addition,…
Farmmi Inc.(NASDAQ:FAMI) jumped 6% after the company announced that its subsidiary Zhejian Forest Food Co Ltd. had won a new product order for the famous dried whole Shiitake mushrooms. The company’s customers will export the mushrooms to Southwest Asia. Chairwoman and CEO Yefang Zhang said that this is a win that comes from a long-term customer with an extensive business network. She added that supporting such an important relationship enables…
The plant based biotech firm 22nd Century Group (NASDAQ:XXII), which is involved in reducing the harm from tobacco, has had a pretty tough time in the markets over the course of the past week. During the period, the 22nd Century stock has declined by as much as 8% and while the decline is considerable, it should be noted that there has been no news about the company in the past…
There might not have been any news about Trans Global Group (OTCMKTS:TGGI) in recent days but the magnitude of the rally in the stock last week means that it is perhaps a bit difficult to ignore the stock. Last Friday, the stock continued to experience heavy action and managed to deliver gains of as much as 44%. That took its gains for the previous week to 70%. Is the Trans…
SponsorsOne Inc. (OTCMKTS:SPONF) jumped 10% last week. The company announced an update regarding its non-brokered private placement. Notably, the company issued around 29.077 units at $0.026 per unit for gross proceeds of approximately $756,000. Each unit comprises one common share and one purchase warrant that gives the holders an option to purchase one common SponsorsOne share at $0.05 per share for two years. The company will use the proceeds for…
