OTC Markets Group Stock Price, News & Analysis

Well Health Technologies Corp. (OTC: WHTCF) has officially upgraded to trade on the OTCQX Best Market from the Pink market, enhancing transparency for U.S. investors. Starting today, shares will be traded under the symbol "WHTCF." This upgrade signifies compliance with high financial standards and best practices in corporate governance. Well Health focuses on digital healthcare, supporting practitioners and patients through a comprehensive platform offering virtual care, EMR, and more. The company operates Canada's largest network of outpatient medical clinics and a leading telehealth service.

On May 17, 2022, OTC Markets Group Inc. (OTCQX: OTCM) announced that Juniata Valley Financial Corp. (OTCQX: JUVF) has upgraded to trade on the OTCQX® Best Market from the Pink® market. This upgrade allows Juniata Valley Financial Corp. to enhance its visibility to investors, providing transparent trading and easy access to company information. The President and CEO, Marcie A. Barber, expressed excitement about this development, highlighting the bank's long-standing service to the central and northern Pennsylvania markets since 1867.

OTC Markets Group Inc. (OTCM) announced that Guerrilla RF, Inc. has successfully upgraded to the OTCQX Best Market from the Pink market. Trading under the symbol “GUER,” Guerrilla RF is recognized for its high-performance monolithic microwave integrated circuits (MMICs) aimed at several sectors, including 5G and military communications. This transition is expected to enhance the company's visibility and access to U.S. investors, following strict financial and governance standards set by OTCQX. The Benchmark Company acted as the OTCQX sponsor.

On May 12, 2022, OTC Markets Group Inc. announced that European Metals Holdings Ltd. has been upgraded to the OTCQX Best Market from the Pink market. Trading commenced today under symbols EMHLF, EMHXY, and ERPNF. The upgrade enhances transparency and provides better access for U.S. investors. Executive Chairman Keith Coughlan highlighted the company's strategic position in the evolving battery materials market, particularly through its Cinovec project, which is set to supply battery-grade lithium with a low carbon footprint, bolstering the European lithium supply chain.

OTC Markets Group (OTCM) announced Fearnley Securities as its new OTCQX sponsor, enhancing market access for Nordic companies seeking U.S. investors. This partnership allows Fearnley to assist these firms in navigating OTCQX and OTCQB guidelines, ultimately diversifying their shareholder base. OTCQX, known for its high-quality trading solutions, requires companies to engage a sponsor. Fearnley Securities, operating in Oslo and New York, has extensive experience in various sectors, further strengthening OTCM's investor network.

OTC Markets Group reported gross revenues of $25.9 million for Q1 2022, unchanged from the previous year. Net income rose 11% to $7.6 million, with a diluted EPS of $0.62, up 9%. Operating income increased by 3%, yielding an operating profit margin of 34.4%. Shareholder returns were $4.9 million, divided between dividends and stock buybacks. The company announced a quarterly dividend of $0.18 per share. Notably, revenues from Corporate Services surged 51%, while OTC Link revenues fell by 47%.

OTC Markets Group Inc. (OTCM) has announced that NevGold Corp. (OTCQX: NAUFF) has qualified to trade on the OTCQX® Best Market, upgrading from the OTCQB® Venture Market. This change enhances visibility among U.S. investors and is expected to broaden access to shares. NevGold focuses on mineral exploration and development, particularly in Nevada and British Columbia, with properties that show significant resource potential in stable geopolitical areas. Trading on OTCQX reflects adherence to high financial standards and strong corporate governance.

OTC Markets Group Inc. (OTCM) has announced that Mednow Inc. (TSX-V: MNOW; OTCQX: MDNWF) is now trading on the OTCQX Best Market, having upgraded from the OTCQB Venture Market. This transition allows Mednow to better showcase its qualifications to U.S. investors. Mednow specializes in a web and mobile application for prescription medication distribution and virtual care services, including doctor home visits for patients unable to leave their homes.

OTC Markets Group Inc. (OTCM) announced that Clearday, Inc. (CLRD), a non-acute longevity health care services firm, has successfully upgraded to trade on the OTCQX Best Market from the OTCQB Venture Market. This upgrade highlights Clearday's compliance with high financial standards and corporate governance, enhancing its visibility among U.S. investors. Clearday's CEO, Jim Walesa, emphasized the significance of this achievement, asserting it positions the company to improve revenues and customer experience through innovative care solutions.