Today, Torchlight Energy Resources (TRCH) stock is trading at $3.12, jumping 3.65% from the prior day. The stock grows by 6.84% over the last 5 days. The monthly overview demonstrates the stock rising from $1.96 to $3.12 that concludes a 59% increase. The TRCH stock gains (+5.45%) and the price will be at $3.29 according to the pre-market prediction.
Torchlight Energy Resources (TRCH), a high-growth oil and gas Exploration and Production (E&P) company, reported the results of its stockholders’ extraordinary meeting, which took place electronically earlier today in conjunction with the previously announced business combination deal with Metamaterial.
The continued upward trend may attract future investors. Although the stock suffered a slight drop in April, the (TRCH) stock may rise nicely in the long run. The ongoing stock rise, meanwhile, just makes the situation much more favorable.