We feature Shore Gold Inc (TSX: SGF), a junior diamond explorer, as today’s top momentum gainer since the stock gained more than 13% touching its new 52-week highs during the last two consecutive trading days with huge numbers of shares exchanging hands. Yesterday, SGF was the star performer in the Canadian diversified mining space after gaining 22.2% and closed at its 52-week high of C$0.33 while recording significant volumes of 803,038 shares. During the last 5-trading sessions, SGF surged 57.1% recording daily average volumes of 464,793 shares, while the stock accumulated over 83% during the past one month with 30-day average volumes of 160,119 shares.
Company Description:
Shore Gold Inc (TSX: SGF) acquires, explores, and develops mineral properties. The company is currently drilling on its Fort a la Corne diamond properties.
1-Year Stock Chart:
Source: Bloomberg