Datametrex shares went up by 36.2% on Monday following announcement that its JV with Bitnine Global Inc. has started building its blockchain database. Last week, the company announced its proposed acquisition of Ronin Blockchain Corp., a blockchain platform focused on mining cryptocurrencies. The company is rapidly moving into the blockchain space, and this could be a stock that has high-growth potential thanks to this booming industry.
Lithium X Energy Corp. (TSX-V:LIX)
Lithium X gained 16.9% following announcement that NextView New Energy Lion Hong Kong Ltd. has agreed to buy the company at $2.61 per share, a 22.5% premium over Friday’s closing price.
The Hydropothecary Corp. (TSX-V:THCX)
The company was one of 11 stocks added to the Horizons Marijuana Life Sciences Index ETF on Monday. The Horizons ETF is the world’s first ETF that offers direct exposure to North American-listed securities that are involved with marijuana bioengineering and production. The company’s stock rose by 2.6% to $3.90 at market close.
Cannabis Wheaton Income Corp. (TSX-V:CBW)
Cannabis Wheaton has added another streaming partner to its licensing program. Cannabis Wheaton would receive the equivalent of approximately 5.5 million grams of cannabis per year once the partner’s facility in Downtown Toronto is completed.
ProMetic Life Sciences Inc. (TSX:PLI)
The company’s Plasminogen for the treatment of idiopathic pulmonary fibrosis was granted an orphan drug designation status today by the U.S. Food and Drug Administration. The designation provides the drug developer with a seven-year period of U.S. marketing exclusivity upon marketing approval for the designated indication, as well as other benefits such as with tax credits for clinical research costs and the ability to apply for annual grant funding. The company’s stock went up by 6.3% on Monday.
Penny stocks are stocks with a low price per share and a smaller market capitalization (the total value of all the outstanding shares) of a company. Penny stocks are often volatile and subject to fraud, ... [Read]
With so many penny stocks to pick from it can be a tricky thing to pick the right ones as an investor. Naturally, it requires a lot of effort and research to find the best ... [Read]
Recession periods are generally not a great time for trading penny stocks. However, some people still find ways to make money during recession periods, because they know the right strategies to use to make money ... [Read]
Penny stocks have always been an intriguing aspect of the stock market due to their high risk and high reward nature. Trading penny stocks can be a very profitable venture if one understands its basics and has ... [Read]
Are you new to investing? Then you may want to look into tech stocks. The great thing about the tech industry is that it is always at the forefront. Breathtaking innovations are made every single ... [Read]
As 2022 kicks off, it’s time for a penny stock watchlist refresh. Plus, there are more people looking for stocks to invest in than ever before thanks to an uptick in new brokerage accounts and ... [Read]
The energy sector advanced over 40% in 2021. Out of the S&P 500’s top performers, this was the best of 11 sectors. Energy gains are double that of real estate and the financial sector, with ... [Read]
These past few weeks have been marred by massive record-breaking wildfires covering nearly the entire North American West Coast with smoke. Environmental crises like these are hammering home the need for low-carbon energy solutions and ... [Read]
The silver market has been on fire this year and silver penny stocks are reaping the benefits as investments pour into the sector. Since the beginning of 2020, silver prices have increased over 50% and ... [Read]
Disclosure:
1) The author of the Article, or members of the author’s immediate household or family, do not own any securities of the companies set forth in this Article. The author determined which companies would be included in this article based on my research and understanding of the sector.
2) Market Jar Media Inc. has or expects to receive the following amounts indirectly from the following companies mentioned in this Article: Cannabis Wheaton Income Corp. Click here for important disclosures about fees.
3) The Article and content related to the profiled company represent the personal and subjective views of the Author of this article, and are subject to change at any time without notice. The information provided in the Article and the content has been obtained from sources which the Author believes to be reliable. However, the Author has not independently verified or otherwise investigated all such information. None of the Author, Market Jar Media Inc. or any of their respective affiliates, guarantee the accuracy or completeness of any such information. The author was paid by Native Ads Inc. for this Article. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The Article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Market Jar Media Inc.'ss terms of use and full legal disclaimer as set forth here. This Article is not a solicitation for investment. Market Jar Media Inc. does not render general or specific investment advice and the information on Market Jar Media Inc. should not be considered a recommendation to buy or sell any security. Market Jar Media Inc. does not endorse or recommend the business, products, services or securities of any company mentioned on Market Jar Media Inc.
5) Market Jar Media Inc. and its respective directors, officers and employees hold no shares for any company mentioned in the Article.