Shares of Silver Bear Resources Inc (TSX: SBR), engaged in the business of evaluation, acquisition, exploration and development of silver properties, recorded over a 25.0% gain during each of the past two consecutive trading sessions with significant number of shares exchanging hands. SBR was the top performer in Canadian diversified mining sector after climbing 30.0% and closed at C$0.13 Friday, while recording significant trading volumes of 184,170 shares. SBR broke its all key technical resistance levels of 30-Day, 50-Day & 200-Day DMAs at C$0.11, C$0.13 and C$0.13 respectively. During the past 5-trading sessions, SBR gained 73.3% with daily average trading volumes of 48,547 shares, while the stock accumulated over 4.0% during the past one month with daily average trading volumes of 14,168 shares. The stock is up 62.5% year-to-date.
Company Description:
Silver Bear Resources Inc. (TSX: SBR) is a mineral exploration company. The company explores for silver and other precious metals in Russia.
1-Year Stock Chart:
Source: Bloomberg