Stakeholder Gold Corp (TSX-V: SRC), a junior precious metal miner, witnessed a strong upward share price momentum after rallying more than 18% during each of the past two consecutive trading days with significant number of shares exchanging hands. In the last trading session, SRC was the top performer in the Canadian diversified metals & mining space having gained 35% and ended at C$0.27 while recording huge volumes of 158,518 shares. During the last 5-trading sessions, SRC gained 42.1% with 5-day average trading volumes of 99,475 shares, while the stock accumulated over 22.7% during the past one month with daily average trading volumes of 75,952 shares. We note that the stock has provided returns of over 800% year-to-date. Recently, SRC closed its non-brokered private placement worth C$723,698 consisting C$469,500 of flow through the issuance of 1.9 million units priced at C$0.25 with a two year half warrant priced at $0.35 and C$254,198 of hard dollar financing issuing 1.3 million units priced at C$0.20 with a two year half warrant priced at $0.30.
Company Description:
Stakeholder Gold Corp (TSX-V: SRC) is a mineral exploration company. The company is focused on the Ballarat gold property situated in the Dawson Mining District, Yukon Territory and is located due south of Dawson City within the White Gold District.
1-Year Stock Chart:
Source: Bloomberg
