OTC Markets Group Stock Price, News & Analysis

HealthBeacon PLC has qualified to trade on the OTCQX Best Market under the symbol “HBCNF,” effective August 31, 2022. This upgrade allows the company to provide transparent trading for U.S. investors, enhancing awareness and visibility in the U.S. market. HealthBeacon develops digital therapeutics for injectable medications, which reportedly improve therapy adherence by up to 26%. The move is seen as a milestone in expanding the company's U.S. investor base and aims to enhance shareholder value. B. Riley acted as the OTCQX sponsor.

OTC Markets Group Inc. (OTCM) announced that United Bancshares, Inc. has successfully transitioned to trade on the OTCQX® Best Market from NASDAQ. Starting August 29, 2022, United Bancshares trades under the symbol UBOH, providing shareholders easier access to company information and trading. This move aims to reduce costs and enhance visibility for regional and community banks. Brian D. Young, President and CEO, expressed excitement about the transition, reinforcing the company's commitment to shareholders.

Argus Research has initiated coverage of OTC Markets Group Inc. (OTCM) with a positive outlook based on the company's strong fundamentals. The report highlights OTCM's diverse revenue streams, notably high retention rates over 90% for its premium services, and strong cash flow generation. The firm estimates a fair value of $69.00 per share, significantly above the current price of $55.00. OTCM's market performance aligns closely with the broader market, trading at 22-times 2022 EPS of $2.52, indicating room for growth relative to industry peers.

Faraday Copper Corp., a Canadian exploration company, has successfully upgraded to the OTCQX® Best Market from the Pink® market, enhancing its visibility and trading liquidity. The transition allows U.S. investors to access real-time financial disclosures. Paul Harbidge, President and CEO, highlighted that this move strengthens the shareholder base and provides greater investment accessibility as the company progresses on its U.S.-based copper projects. Notably, the Copper Creek project in Arizona is among North America's largest undeveloped copper projects.

OTC Markets Group Inc. (OTCM) announced that ACME Lithium Inc. (CSE: ACME; OTCQX: ACLHF), a mineral exploration company, has successfully upgraded to trade on the OTCQX® Best Market from the OTCQB® Venture Market. This transition enables ACME Lithium to enhance its visibility among U.S. investors. The company focuses on acquiring and developing battery metal projects in Nevada and Manitoba. The OTCQX Market is designed for established companies meeting high financial and governance standards.

OTC Markets Group Inc. (OTCM) has announced that PT Berkah Beton Sadaya TBK has transitioned to the OTCQX® Best Market from the Pink® market, effective August 18, 2022. This upgrade will enhance U.S. investors' access to the company's trading under the symbol “BHBSY.” JP Morgan is the sponsor for PT Berkah Beton Sadaya TBK's ADR program, marking a significant milestone as the first ADR launch for the company. The change aims to provide improved transparency and market standards for international securities trading.

OTC Markets Group Inc. (OTCM) announced that Geodrill Limited (OTCQX: GEODF) has upgraded to the OTCQX Best Market from the Pink market. This transition enhances trading transparency for U.S. investors. Geodrill Limited, operating in West Africa and expanding in South America, provides diverse drilling services. The upgrade allows the company to leverage its home market reporting for better U.S. market access. Geodrill's President, Dave Harper, expressed excitement over this milestone, emphasizing its potential to attract more investors and maximize shareholder value.

OTC Markets Group Inc. (OTCM) announced that Base Carbon Inc. (OTCQX: BCBNF), focused on voluntary carbon markets, has upgraded to trading on the OTCQX® Best Market from the Pink® market. The change aims to enhance transparency for U.S. investors and allows Base Carbon to leverage its home market reporting for better information availability. CEO Michael Costa emphasized that this upgrade marks a significant milestone in their mission to develop quality carbon reduction projects.

OTC Markets Group Inc. (OTCM) announced that Titanium Transportation Group Inc. (OTC symbol: TTNMF) has upgraded to the OTCQX Best Market from the Pink market. This transition allows Titanium to offer transparent trading opportunities for U.S. investors and supports its growing U.S. logistics operations. Titanium, celebrating its 20th anniversary, operates a significant transportation network across North America, boasting around 800 trucks and 3,000 trailers. The company has a strong acquisition history and has been recognized as one of Canada's fastest-growing firms.