Secova Metals Corp. (OTCMKTS:SEKZF) Stock Makes a Big Rally After The Key Update

Secova Metals Corp. (OTCMKTS:SEKZF) stock was the biggest gainer on Wednesday as the stock soared a whopping 15,900%.

Market Action

In the previous trading session, SEKZF stock skyrocketed 15,900% to $0.0800. A total of 101K shares traded for the session hands, well above its average volume of 5.6K shares. The stock opened at $0.14 and moved in a range of $0.0800 – 0.1400.

Key Trigger

Secova Metals : COMMENCES TRADING ON THE CANADIAN SECURITIES EXCHANGE

Secova Metals announced that further to its news release dated August 17, 2021, the Company has received confirmation from the Canadian Securities Exchange that the common shares of the Company are expected to commence trading on the CSE under the symbol ‘SEK’ at the opening of the market on October 6, 2021.

The Company previously requested that the Shares be voluntarily delisted from the TSX Venture Exchange, and this occurred at the close of the market on September 13, 2021.

Key Quote:

‘We are excited that we are trading on the Canadian Securities Exchange and the Board of Directors wish to thank all involved for their extensive efforts to make this happen. The CSE will provide the best platform for Secova to access the capital markets enabling the experienced exploration and development team to deliver shareholder value while maintaining a mandate to operate in an environmentally responsible and socially conscious manner,’ stated Brad Kitchen, CEO of Secova

Trader Notes:

On the technical basis, SEKZF stock is trading well above its 50-day and 200-Day SMA stand at $0.0305 and $0.0280 respectively. Moreover, RSI at 40 signals that the stock is trading near an oversold zone.