WaterPure International Inc. (OTCMKTS:WPUR) Stock Sees Selling Pressure At Higher Level

WaterPure International Inc. (OTCMKTS:WPUR) stock fell 18%. The company has unveiled a new website that will be presenting WaterPure’s updated corporate strategy executed at the beginning of 2021 to continue creating clean water projects.

Market Stats

On Thursday, WPUR stock slumped 18.22% at $0.0175 with more than 1.77 million shares, compared to its average volume of 2.59 million shares. The stock has moved within a range of $0.0161 – 0.0214 after opening the trade at $0.0214.

WPUR Announces First Clean Water Project (See Video)

The site includes details of the company’s maiden pilot project that is fully developed and in operation.It will also include a short film of its drilling activities and hitting the water to develop well-supporting dairy activities in Sub Sahara Africa.

Currently, the renewable water market is worth approximately $263 billion, and it will grow up to $500 billion in the next decade. Most importantly, water scarcity currently affects more than 3 billion people globally, and the number could reach 5 billion by 2050. It is vital to note that water scarcity isn’t a problem for only developing countries, as witnessed this past summer after the US Federal Authorities announced a water shortage in Lake Mead that serves up to 10 million people. So, in the coming days, investors should watch WPUR.

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.