Just eight companies trading on the OTCBB hit all-time highs on Monday. The list of companies included Rotech Healthcare (ROHI), Sentry Petroleum (SPLM), Argentex Mining Corp. (AGXM), Power of Dream Ventures (PWRV), and Avino Silver & Gold (ASGMF).
Rotech Healthcare (ROHI) climbed to a new 52-week high of 4.15 on Monday and saw trading volume hit 917,948, more than 10x its average volume, following an announced proposal for a private placement of $290 million. ROHI, which provides home medical equipment and related products and services in the United States, closed the day at 3.63 and while that was down substantially from their new high it remains above the 50-day moving average of 2.78 and their 200-day moving average of 1.84.
Sentry Petroleum (SPLM) reached a new all-time high on Monday as shares hit 3.63 during the trading day before closing slightly lower at 3.62. Trading volume reached 450,306, almost 200,000 shares above its average. The exploration stage company, which is engaged in the assessment, acquisition, exploration, and development of oil, gas, and other hydrocarbon properties in Australia and other regions in Austral Asia, is comfortable ahead of its 50-day moving average of 2.72 and 200-day moving average of 1.50.
Argentex Mining Corp (AGXM) hit a 52-week high on Monday, reaching 1.18 after announcing their second drill rig commenced its targeted program at Pinguino silver property. Shares closed at 1.14 with volume hitting 343,031 by the end of the day, more than 200,000 higher than their average volume. AGXM, which engages in the exploration, development, and production of mining properties in Argentina, keeping them above the 50-day moving average of 0.964 and 200-day moving average of 0.754.
Power of Dream Ventures (PWRV) climbed to a new 52-week high of 0.51 during Monday’s trading day after releasing an update to shareholders. Shares closed at 0.50 and trading volume was nearly 70x higher than its average, closing with 213,295. PWRV, which operates as a technology holding company, is now trading comfortably ahead of the 50-day moving average of 0.332 and their 200-day moving average of 0.199.
Avino Silver & Gold (ASGMF) shares hit a 52-week high of 3.55 on Monday before closing the day at 3.47 on trading volume that reached 150,678, almost 3x its average. ASGMF, which engages in the exploration and development of mineral properties in Mexico and Canada, is currently trading above its 50-day moving average of 2.81 as well as its 200-day moving average of 1.62.