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Over the course of this week, Infinity Stone Ventures Corp (CSE: GEMS) (OTC: TLOOF) has been in the news after it made three key announcements with regard to its business operations. Naturally, it may be a good idea for investors to take a closer look at the contents of the press releases if they are to make up their minds about the stock one way or another.
Market Stats
On Thursday, TLOOF stock was up 5.53% to $0.2290 with 11k shares, compared to its average volume of 193 shares. The stock moved within a range of $0.2200 – 0.2299 after opening trading at $0.2299.
On the other hand, in Canada, the stock went up 5.26% on above-average volume and closed at C$0.30.
The company was in the news yesterday after it announced that following the uplisting of its stocks to the OTCQB Venture Market, the Infinity Stone Ventures Corp stock was going to start trading on the exchange from September 23, 2022. While the stock is going to continue to trade under its symbol TLOOF, the company also announced that it had applied to the FINRA for a change of symbol.
As per the application the new symbol is going to be GEMSF. On the other hand, the stock is going to continue to trade under the symbol GEMS on the Canadian Securities Exchange. Considering the fact that the stock is going to start trading today on the OTCQB it may be a good idea for investors to keep an eye on the Infinity Stone Ventures Corp stock.
Earlier on in the week on September 20, the company had been in the news as well when it provided an update with regards to the fact that it had commenced an exploration program. The exploration program in question is at the Camaro Project and is going to be focused on mapping, sampling, and assessment.
The project in question is made up of a total of three blocks of properties stretching across an area of 3850 hectares and lies adjacent to the Patriot Battery Metals lithium discovery named Corvette.
On the other hand, back on September 16, the company made an announcement with regard to the Zen-Whoberi Project. Infinity Stone Ventures Corp announced at the time that the technical team at its disposal had been successful in identifying a new zone to go along with a new round of assays at the aforementioned project.
One of the grab samples revealed that it had as much as 15.5% of copper. In light of all the latest developments at Infinity Stone Ventures Corp, it will be interesting to see if the stock comes into focus among investors or not. It could be a good idea to add the stock to your watch list.
Traders Corner
GEMS.CA stock is trading above the 20-Day and 50-Day Moving averages of C$0.3295 and C$0.24 respectively. Moreover, the stock is trading above the 200-Day moving average of C$0.19.
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