There will inevitably (IMHO) be some T2 selling from the day trader punters who don't want to settle and happy to bank a healthy percentage for a day or twos trading. BUT, this stock is relatively tightly held (top 20, NMT).
The number of shares on issue (SOI), will factor in as its a LOT, meaning can always be a high number of sellers (and buyers on news).
Not advice, but my tip is if you are new to HNR, hold what you can afford to see 30-50% volatility in, with the view that a CR is coming (was in the recent announcement), $5 million need be raised by 31 Dec 2021, and you will get the opportunity to top of then.
IMHO the ducks are lining up, NMT involvement, and the Scandinavian opportunity, should see the stock do well over the next 1-2-3 years.
The nice aspect of this project is no trial plant needed as NMT are doing that work, all they need do is go through PFS/DFS using Primobius as the example, which will also make financing simpler IMHO. Enjoy the ride.
DYOR & GLTAH
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.193M |
Open | High | Low | Value | Volume |
0.3¢ | 0.3¢ | 0.3¢ | $2.779K | 926.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1168147 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 11293065 | 25 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1168147 | 0.003 |
20 | 16018158 | 0.002 |
13 | 30005052 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 11293065 | 25 |
0.005 | 7297152 | 9 |
0.006 | 1570000 | 7 |
0.007 | 673325 | 2 |
0.008 | 473706 | 1 |
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