EarthLabs (TSXV: SPOT) gained by 4.55% today to $0.23 per share on volume of 906,500 shares its highest volume day in over one year!
SPOT needs to close above $0.235 per share to achieve a bullish breakout from its triangle pattern!
SPOT needs to close above $0.25 per share to surpass its 200-day moving average/most important key breakout point!
SPOT's market cap at $0.23 per share is only $31.408 million when SPOT has $52.5 million in cash+short-term investments!
SPOT at a market cap of less than $52.5 million is receiving zero value for CEO.ca, which is the 13th highest traffic investing web site in Canada and saw its advertising/subscriber revenue in 4Q 2022 grow by 264.48% YOY and grow by 25.125% on a quarter-over-quarter basis!
SPOT at a market cap of less than $52.5 million is receiving zero value for its massive royalty portfolio, which includes an NSR royalty in New Found Gold (TSXV: NFG)'s flagship billion dollar Queensway Project!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA's President has purchased 30,500 shares of SPOT in the open market and intends to buy more shares. This message is meant for informational and educational purposes only and does not provide investment advice.