Shares of Swingplane Ventures Inc. (OTC: SWVI), an exploration stage company engaged in exploration and development of mineral properties in China, are soaring in trading today. At last check, SWVI shares were trading 25% higher at $.138 on volume of 8.08 million. The stock hit an intra-day high of $0.14 earlier today. Despite the rally in trading today, SWVI shares have fallen more than 27% in the last three trading sessions.
SWVI shares are gaining momentum in trading today after the company’s recently appointed President reviewed its opportunity relating to the Algarrobo mining project in Chile.
Shares of SK3 Group Inc. (PINK: SKTO), a provider of range of healthcare services in the U.S., are rallying in trading today. At last check, SKTO shares were trading 12.50% higher at $0.0045 on above average volume of 56.16 million. The stock hit an intra-day high of $0.01. SKTO shares have gained 450% in the last three trading sessions.
SKTO shares have been soaring despite there being no recent news or development related to the company. The gains therefore could be due to some stock promotion activity.
Shares of Optex Systems Holdings Inc. (PINK: OPXS), a manufacturer of optical sighting systems, are seeing a huge rally in trading today. At last check, OPXS shares were trading 140% higher at $0.0180 on above average volume of 5.11 million. The stock hit an intra-day high of $0.06 earlier today. OPXS shares have gained more than 166% in the last three trading sessions.
OPTX last month reported its financial results for the quarter ended December 30, 2012. The company’s revenue for the quarter was $3.9 million, compared to $4.3 million reported for the same period in the previous year. Net income for the quarter was $0.04 per share, compared to net loss of $0.16 per share reported for the same period in the previous year.
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