|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.0056 - 0.0075|
|52 Week Range||0.0050 - 0.0280|
|Beta (5Y Monthly)||0.41|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
DRAPER, UT / ACCESSWIRE / March 4, 2020 / NRP Stone, Inc. (OTC PINK:NRPI) recently issued a statement on current market declines. While the media reported that coronavirus fears have created instability in the stock market, we hold that the recent selloffs may be healthy. The same may be true with the recent decline of NRPI stock, which closed earlier this week at 50% of its price from one week ago and then experienced a bounce back.
NRP Stone closed its acquisition of Rare Metals and Gems Investors (RMGI) on schedule. The acquisition includes an exclusive worldwide marketing agreement for white diamond and gold products. Its products will include raw and cut white diamonds, as well as gold bullion, nuggets, jewelry, and coins. Each raw diamond is to be cut by NRP or supplier sources and will be marketed and distributed through NRP wholesale and retail outlets, including the NRP Stone website. Each cut diamond will be graded by the Gemological Institute of America (GIA).
The manufacturing company and its affiliates have agreed to use RMGI as a marketing arm for its two products. As a result, these brown diamonds are typically crushed and used for industrial purposes, including diamond drills and saws. Only recently, these yellow or brown diamonds have been promoted as gemstones.
DRAPER, Utah, July 16, 2019 /PRNewswire/ -- NRP Stone, Inc. is pleased to announce the reinstatement of its symbol: NRPI, CUSIP: 62940J101, in good standing with the State of NV and OTC Markets. After years of inactivity, its previous controlling management, the Davy and Blum families, sold their interests in the Company to new unaffiliated management. After its 2018 corporate reinstatement, NRP Stone's corporate and securities counsel, as well as appropriate governmental agencies reviewed the Company's prepared financials and disclosures, and with filing of its recent Current Information Attorney Letter, the Company is current through Q1 2019, and OTC Markets has lifted the caveat emptor placed on the Company's symbol in 2009, making NRPI current and trading.