I am Giving Armor Minerals a NOPE

9 may 2020

First off please don't take anything I say seriously or as financial advice. As always, this is on opinion based basis. Right now, Armor minerals may have some long potential but the future isn't looking so bright. The trading volume is only 5.45K, which isn't a lot considering they have a 0.48 CAD price. Yes, they are on the Toronto Stock Exchange, but they are still grossly underperforming. From being over 67 CAD in 2008 to 32.80 CAD in 2010, to now this, what happened? Ever heard of something dropping to 140th of its price? Recently, the stock actually surged from 0.355 CAD and the past time this stock actually traded, it went up from 0.43CAD +0.050 (+11.63%). Ofcourse, it went up recently, nobody is buying it! Not to be a jerk or anything. Perhaps they are an amazing company, but there site also looks outdated and the last news update they have is from January 6th, 2017 (over 3 years ago).