Pink Sheet listed penny stock Herborium Group, Inc. (OTC PINK: HBRM.PK) soared on Monday gaining 93.75% after the trading day ended. The penny stock showed incredible daily volume of 142,977,192 shares, which is more than 3X HBRM 5-Day average volume of 46,866,943 shares.
The penny stock closed at $0.0062 compared to Friday’s close of $0.0032. HBRM has seen huge trading volume in the past few weeks as Monday was 6X the 20-Day Average Volume; 23,719,901.
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With a market capitalization now of $2,119,931, HBRM has gained 1,140% in the last 50 days.
The 52-week high for HBRM is $0.0420 and 52- week low is 0.0003.
Herborium Group, Inc. has reported revenue of $234,400 and posted a net loss of $245,600 for the twelve months ended November 30, 2011.
Earlier this month, HRBM made an announcement that the company will make release important data related to its 2012 business expansion and new revenue streams some time during the first week of April, 2012.
The new business venture is said to have an estimated market potential of $150 billion and regarded as one of the most important initiatives in the history of HRBM which makes its money providing natural and complementary healthcare related products to consumers and healthcare professionals.