Veris Gold Corp (TSX: VG), a junior old miner, is featured as today’s top momentum gainer since it gained more than 10% during the last two consecutive trading days after touching its 52-week low of C$0.13 with significant number of shares changing hands than in a normal session. During the last trading session, VG was among the top gainers in the Canadian metals & mining space having gained 10.7% and closed at C$0.21 while recording huge volumes of over 1.94 million shares. However, the stock declined 31.7% during the past five trading sessions recording average volumes of 2,217,441 shares.
Company Description:
Veris Gold Corp (TSX: VG) is a growing mid-tier North American gold producer in the business of developing and operating gold mines in geo-politically stable jurisdictions. The company’s primary asset is the permitted and operating Jerritt Canyon gold mine located north of Elko, Nevada, USA.
6-Months Stock Chart:
Source: Bloomberg
