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Hawkmoon Resources Corp. (OTCMKTS:HWKRF) (CSE:HM) Stock Trades in a Narrow Range: Here is Why

Madison Hall , , , , , , , ,

Shares of Hawkmoon Resources Corp. (OTCMKTS:HWKRF) (CSE:HM) have been trading within a narrow range over the past month.

Market Stats

On Wednesday, HWKRF stock ended flat at $0.0635 with more than 25K shares, compared to its average volume of 8.3K shares. The stock has moved within a range of $0.0635 – 0.0635 after opening trading at $0.0635.

Hawkmoon Receives Approval to Trade on The OTCQB

Hawkmoon Resources Corp. (OTCMKTS:HWKRF) (CSE:HM) has announced on February 02, 2022, about its common shares getting approval to begin trading immediately on the OTCQB Venture Market. It will be trading under the ticker symbol HWKRF. OTCQB is recognized by the Securities and Exchange Commission (SEC) as an established public market providing public information for analysis and value of securities.

The OTCQB is an exclusive marketplace for early stage and developing U.S. and international companies that are committed to providing a high-quality trading and information experience for their U.S. investors. To qualify, companies have to comply with high financial standards, follow best practice corporate governance, and obey applicable securities laws. This marketplace provides a powerful baseline for transparency, as well as the technology and regulation to improve the information and trading experience for investors.

The company’s shares will continue trading on the Canadian Securities Exchange and Börse Frankfurt Exchange under the ticker symbols HM and 966 respectively. Branden Haynes, CEO and President of Hawkmoon, commented that the listing on the OTCBQ will allow them to offer a smoother trading experience to US investors. The listing is also expected to provide the company with better visibility in the US, and hopefully a bigger shareholder base and more liquidity.

Key Quote

Branden Haynes, CEO and President of Hawkmoon, states: “We are pleased to be listed on the OTCBQ, thereby providing US investors with a more seamless trading experience. It is also expected that this listing will provide the Company with better visibility in the US, access to a larger shareholder base, and, ultimately, greater liquidity.”

Madison Hall

After graduating from the University of Buffalo, Madison gained a real interest in the markets. She tends to be a swing trader and enjoys Pilates and yoga in her downtime.