Santo Mining Surges 300% Last Week: Will It Continue?

At the beginning of a new week, it is almost always a good idea for investors to look back at the previous week and check out some of the stocks that made significant gains. One of the stocks that could be tracked on Monday is that of Santo Mining Corp (OTC: SANP). dba Santo Blockchain Labs.

The Santo stock was on a tear last week and managed to deliver gains of as huge as 300% as investors piled on to it in a big way. While it is true that there was no specific news about the company’s business, it is necessary to note that back on January 25, Santo Blockchain Labs sold a majority interest to DNA Brands.

In addition to that, the two parties have also signed an exclusive software agreement and also decided to get into a joint venture. It is a major development for Santo and it remains to be seen if the stock maintains its momentum on Monday.

Michael Rowels

Weekend Contributor.Writing for business and finance publishers has become his passion over the last decades after he completed a master's degree in Financial Management. Sharing some opinions and forecasts to thousands of readers is a routine job for him but he never promises to invest in one stock.