The benchmark index continues to trade in a sideways trend since quite a few sessions. The fight between the bulls and the bears has not resulted in a victory from any side, hence the index is still oscillating around 7,000 mark. Keeping aside this chopping session, a few penny stocks are trending the way they are know for. Let’s have a look at a few of these shinning penny stocks in today’s session. First penny stock Great Boulder Resources Limited share price has skyrocketed by a massive 91.3% to AU$0.088, compared to the previous closing of AU$0.046, almost doubling the market cap in a single day.
Next stock Boss Energy Limited share price opened with a gap up and surpassed its 52-week high of AU$0.17, marking a new high of AU$0.185. Boss Energy Limited is an energy company primarily focused on the development of its 100%-owned Honeymoon Uranium Project, South Australia.
Moving on to the next penny stock. Medibio Limited share price has notched up by 14.29% in today’s session to AU$0.008 on a below average volume of 1.4 million shares. Medibio is a mental health technology company building the tools to objectively measure mental health and wellness.