The share price of Nemaska Lithium Inc. (TSXV: NMX), a junior miner, experienced strong momentum after the stock rallied over 33% in the last two trading sessions, touching a new 52-week high. During the last trading session, NMX was among the top gainers in the Canadian diversified mining sector after rising 9.1% and closed at its 52-week high of C$0.24 while recording significant volumes of 3.1 million shares. Moreover, in the past 5-trading sessions, NMX gained 26.3% while recording daily average trading volumes of 931,444 shares, while the stock accumulated over 71% in the last one month with daily average trading volume of 791,385 shares. The stock is up 128% year-to-date.
Company Description:
Nemaska Lithium Inc (TSXV: NMX) explores for metals and minerals. The company is presently focusing its efforts on its main projects: Whabouchi (lithium) and Lac Levac deposit (nickel, copper, elements of platinum group).
1-Year Stock Chart:
Source: Bloomberg
