Today we feature Newport Exploration Ltd (TSXV: NWX), a junior nickel explorer, as the top momentum gainer since the stock gained more than 10%, touching its 52-week highs during the last two consecutive trading days with a significant increase in shares exchanging hands. NWX was among the top performers in the Canadian diversified mining sector after climbing 10.4% in the last session and closed at its 52-week high of C$0.53 while recording significant volume of 881,640 shares. During the past 5-trading sessions, NWX gained 32.5% with daily average trading volumes of 439,809 shares. A strong momentum is witnessed in the stock during the past one month after NWX surged over 165% with one-month average volumes of 237,348. So far this year, the stock has provided returns of over 488%.
Company Description:
Newport Exploration Ltd (TSXV: NWX) explores for nickel in Australia.
1-Year Stock Chart:
Source: Bloomberg
