Today we feature Empire Industries Ltd. (TSXV: EIL), a junior steel manufacturer, as the top momentum gainer since the stock climbed more than 14%, touching its 52-week high during the last two consecutive trading days with a significant increase in shares exchanging hands. In the last session, EIL was the top performer in the Canadian industrial sector after accumulating 13.8% and closing at its 52-week high of C$0.17 while recording significant volume of 1.97 million shares. During the past 5-trading sessions, EIL surged 32.0% with daily average trading volume of 706,013 shares, while the stock soared over 50% in the past one-month with daily average trading volume of 372,001 shares. So far this year, the share price of EIL has increased over 83%.
Company Description:
Empire Industries Ltd. (TSXV: EIL), through its subsidiaries, supplies, erects, provides construction and maintenance services for industrial projects, as well as designs, engineers, and manufactures industrial equipment.
1-Year Stock Chart:
Source: Bloomberg
