As the first trading week of the New Year comes to a close, there have been some interesting development in the market and it is important for investors to have an idea about some of the stocks. Throughout the course of the past few days, there have been stocks that have made notable gains and have been in the news as well. It could be a good idea for investors to consider having the necessary idea about the news surrounding these companies. Here is a quick look at 5 such stocks which have made gains.
Houston Natural Resources Corp (OTCMKTS:HNRC) – On Thursday, the Houston Natural Resources Corp stock emerged as one of the major movers as it ended up with gains of as much as 8.29%. More importantly, the trading volumes in the stock had also been higher than average.
The company came into the news yesterday that its majority-owned entity HNRAC Sponsors LLC had sponsored a SPAC named HNR Acquisition Corp. It was announced that the SPAC had gone into a purchase agreement with Pogo Resources along with its two affiliates for a purchase price of $120 million. Pogo is based out of Dallas and is involved in the acquisition, development and exploration of oil and gas assets in Permian Basin in Texas.
Halberd Corporation (OTCMKTS: HALB) – Halberd Corporation has seen its stock go on a strong move this week and it continued yesterday as the stock ended up with gains of 9.33%. That took the gains made by the stock over the course of the week to 49.09% so far.
Earlier on in the week, the CEO of the company William A Hartman had sent out a letter in which he noted that 2022 had been a singularly busy time for the company. In addition to that, he also laid out the goals of the company for 2023. The pronouncements from the CEO led to optimism among investors.
SusGlobal Energy Corp (OTCMKTS: SNRG) – Throughout the course of the week so far the SusGlobal Energy Corp stock has managed to clock strong trading volumes and yesterday, the stock recorded gains of as much as 17.72%.
Last year it announced its financial results for the third fiscal quarter that had ended on September 30, 2022. The company managed to generate revenues of as much as $164,376 for the period to go along with the cost of revenues of $495,742. The operating expenses came in at $1,800,821 but the bulk of it was made up of $659,050 in the form of stock-related compensation.
Pressure Biosciences Inc (OTCMKTS: PBIO) – On Thursday, the trading volume in the Pressure Biosciences stock had gone up to 2.5 times the average and it had ended up with gains of as much as 11.67% for the day.
The interest in the stock may be related to the fact that back on December 22, it announced that it believed that its performance in the fourth quarter was going to break all previous records for the fourth quarter. In fact, the company noted that it could be the highest revenue it ever generated in its history for a quarter.
Maple Leaf Green World Inc (OTCMKTS: MGWFF) (MGW:CSE) – Last but not least, the Maple Leaf Green World Inc stock may be one worth looking into. It is a unique company involved in the health and wellness industry in China and North America. The company owns a hemp project in Southern California to go along with one for essential oils in China.