MineHub Technologies Inc. (OTCMKTS:MHUBF) Stock Continues to Trend Lower: 20% In a Week

MineHub Technologies Inc. (OTCMKTS:MHUBF) was down 9%, and the stock has shed 20% in a week.

Market Stats

On Wednesday, MHUBF stock ended flat at $0.7074 with more than 500 shares, compared to its average volume of 1.7K shares. The stock has moved within a range of $0.7074 – 0.7074 after opening trading at $0.7074.

MineHub Annual CEO Address

The company has offered its first yearly CEO address to its shareholders. Global supply chains comprise the world’s economy’s core infrastructure, and in 2021, this foundation was disturbed in unexpected ways. Cyber-attacks, natural disasters, commercial conflicts, and erroneous events such as the Evergreen obstructing the Suez Canal have had and continue to have a socio-economic impact on businesses worldwide.

MineHub’s enterprise-grade platform has grown over the year and has onboarded a few chosen customers throughout the world. Also, the company has made it possible for enterprises involved in the buying, selling, and financing of high-value commodities like metals and mining to go paperless, improving supply chain visibility and resilience. Additionally, MineHub has launched several high-value products and applications that complement the MineHub central platform, such as trade finance, ESG, Assay Exchange, and contract management. So in the coming weeks, investors should watch MHUBF.

Key Quote

We expect the global economy to take some time to stabilise and for global supply chains to continue to experience disruptions that call for different solutions. MineHub is well positioned to provide this different solution, empowering companies to transform the performance of their supply chains by making them more resilient, profitable, reliable and responsible.