Welcome to our dedicated page for Sunstock news (Ticker: SSOK), a resource for investors and traders seeking the latest updates and insights on Sunstock stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Sunstock's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Sunstock's position in the market.
Sunstock, Inc. (OTC PINK: SSOK) has announced its growth strategy for 2021, emphasizing sustainable progress. The company invested over $162,000 in precious metals in Q4 2020 and plans to expand its inventory while exploring a second retail location. Additionally, Sunstock aims for an uplisting to the OTCQB® Venture Market to enhance investor access. CEO Jason Chang expressed confidence in their trajectory, attributing it to the groundwork laid in 2020, which he believes will support long-term shareholder growth.
Sunstock, Inc. (OTC PINK: SSOK) has announced the purchase of 20 ounces of gold amid rising customer demand for precious metals. CEO Jason Chang noted that gold and silver act as hedges against economic uncertainty, and they aim to increase inventory at softened prices. With gold prices up over 25% in 2020, the company pursues a strategy of acquiring mineral rights and gold mining assets. Additionally, Sunstock operates Mom’s Silver Shop in Sacramento, California, serving both wholesale and retail customers.
Sunstock, Inc. (OTC PINK: SSOK) has announced the acquisition of 4,300 ounces of silver to bolster its existing inventory. CEO Jason Chang highlighted the company's aim to enhance revenues and pursue larger acquisition targets. The price of silver rose by 36.11% over the past year, reaching a peak of $29 in August 2020, with the current market close on October 13, 2020, at $24.13 per ounce. Sunstock specializes in precious metals distribution, particularly gold, using a 'ground to coin' strategy through wholesale and retail channels.