Over the course of the past week, the Auri Inc (OTCMKTS:AURI) stock has emerged as one of the notable gainers and the rally in the stock continued on Tuesday. The stock was in considerable focus yesterday and managed to clock gains of 28% to take its gains for the past week to 40%.
While the gains are notable, it is also necessary to point out that there has been no news about the company over the past week. The last important development regarding Auri was a shareholder update from the company back on June 24, 2021.
At the time, the company announced that after it filed its most recent disclosures, the OTC Markets upgraded the status of the company to ‘Current Status Filer’. The company had been determined to get the status of a ‘fully reporting filer’ and to that end, Auri had also hired consultants and other service providers in order to help with the filing efforts.
If the company manages to attain current status then it is expected to be a major boost for the company and its stock. In light of the latest gains in the stock, it might be a good move for investors to track the Auri stock over the coming days.
Market Reaction:
On Tuesday, AURI stock surged 28% at $0.0069 with more than 55.75 million shares, compared to its average volume of 13.53 million shares. The stock had moved within a range of $0.0050 – 0.0074 after opening the trade at $0.0054. Over the past 52-week, the stock has been trading within a range of $0.0010 – 0.0349.
 Stock Soars 40% in a Week: What’s The Buzz?){kind=link}