When stock record gains, then there are some things that investors need to consider. A bit of a rally in the stocks may not be an indication of further gains and hence, it is necessary to look deeper into a company in order to figure the situation out. On the other hand, a stock can decline right away due to profit booking. This article is going to give you a look into five stocks that have made gains and could well be added to the watch lists at this point in time.
American Manganese Inc (OTCMKTS:AMYZF) (AMY.V) is the lithium-ion upcycling and recycling company American Manganese Inc that ought to be on investors’ radars at this point.
Yesterday, the company announced that the leach section of its technology-defining demonstration plant project has achieved 163% of the demonstration plant’s designed processing capacity of 500 kg/day for lithium-ion battery cathode scraps.
Infinity Stone Ventures Corp (GEMS.C) (OTCMKTS:TLOOF) was one of the major movers in the previous session and closed up 12.50% in Canada Yesterday. The company has been making all the right moves recently with the news flow. Yesterday, the company said that it has concluded the first tranche a non-brokered private placement of flow-through units of the Company through the issuance of 2,000,000 Units at a price of $0.20 per Unit, for gross proceeds of $400,000.
Last Friday Infinity Stone Ventures Corp was in focus after it made an announcement with regards to its soil sampling program at the Zen-Whoberi property. The company noted that the geochemical survey made out of 950 samples revealed that there were two new anomalous nickel-cobalt and copper zones at the property.
Sekur Private Data Ltd. (OTCQX:SWISF) (CSE: SKUR) (FRA: GDT0) – stock could see a major move in coming sessions after reporting Q2 earnings on Tuesday.
The company posted a huge 1,140% jump in sales for Q2 2022 as compared to Q2 2021. This result confirms the Company’s post-COVID-19 pandemic sales momentum with sales increasing as Sekur gains subscriber’s traction. Sekur plans to boost the rate of subscriptions in Q4 2022 and beyond with the introduction of marketing to SMBs in the USA and the introduction of new solutions for consumers, SMBs and enterprises. As of August 2022, Sekur has over 4,000 active recurring paid users. The Company has increased its active recurring paid users by 800% year-to-date in 2022 as compared to year-to-date in the same period in 2021.
Therma Bright (TSX.V:THRM) (OTCQB:TBRIF) is a stock to watch as it is trading at a historical discount and poised for a nice breakout. Therma Bright Inc is best known for having developed the AcuVid™ COVID-19 Rapid Antigen Saliva Test and is also working on a range of other medical devices.
Recently, the company was in the news once again after it announced that it had awarded options to many of the directors, consultants, and officers to pick up a total of as many as 1,475,000 common shares in the company. It is part of the wider share options plan at Therma Bright.
IPA/IMMUNOPRECISE ANTIBODIES LTD. – (NASDAQ: IPA) (TSXV: IPA) – The stock has been witnessing a consistent uptrend over the past month with a gain of over 44%. Impressively, the stock is now trading well above its 50-Day and 200-Day moving averages of $4.30 and $5.10 respectively.
In the FY 2022, the Company achieved record revenues of $19.4 million, up 8.1% from $17.9 million in the fiscal year 2021 The Company achieved record revenues of $5.2 million for the three months ended April 30, 2022, an increase of 7.4% over the same period last year. The Company achieved an increase in CRO revenue (total revenue minus Talem asset out-licensing revenue) of 15.9% over the same period last year.
Renforth Resources Inc (OTCMKTS:RFHRF) (RFR.C) was another notable winner with a gain of 14.29% % in Canada Yesterday. Last month, Renforth Resources Inc was in the news cycle after the company announced that it had been successful in completing the prospecting activities at Surimeau for the summer of 2022. It was a significant announcement from the company and it now remains to be seen if the stock comes into focus among investors today.