Volume Spikes Penny Stocks Updates

Lone Star Gold, Inc. (OTC:LSTG) penny stock dropped by 2.29 percent to close at $0.51 with overall traded volume of 3.49 million shares in the last Thursday trading day as compare to its average volume stood at 1.43 million. The company (stock picks) touched the day high of $0.53 and low of $0.44. Lone Star Gold Inc’s total market capitalization arrived at $59.15 million.

Liberty Star Uranium & Metals Corp. (OTC:LBSR) penny stock went down by 9.09 percent and closed at $0.03 whereas total traded volume stood at 3.11 million shares for the last closing day as compare to its average volume stood at 2.37 million. The company touched the day high of $0.036 and low of $0.027. The share price is likely to move by 1.37 times against 1 point change in market index.

Silver Falcon Mining, Inc. (OTC:SFMI) penny stock closed at $0.040 after plunging by 12.63 percent with traded volume of 3.01 million shares in the last Thursday 2nd Feb, 2012 trading session as compare to its average volume stood at 1.22 million. SFMI touched the day high of $0.046 and low of $0.04. The share price is likely to move by 0.50 times against 1 point change in market index.

VELATEL GLOBAL COMMUNS (PINK:VELA) penny stock moved down by 1.64 percent and closed at $0.06 whereas overall traded volume stood at 2.84 million shares for the last trading session as compare to its average volume stood at 3.96 million. Its total market capitalization arrived at $38.79 million. VELATEL GLOBAL COMMUNS touched the day high of $0.064 and low of $0.057.