Shares of Barkerville Gold Mines Ltd (TSXV: BGM), engaged in the exploration and production of mineral properties located in the Cariboo Mining District in east-central British Columbia, recorded over 13.0% gain during each of the past two consecutive trading sessions with significant number of shares exchanging hands. BGM was among the top performers in the Canadian diversified mining sector after gaining 14.2% and closed at C$0.24 Wednesday, while recording significant trading volumes of 653,245 shares. BGM broke its key technical resistance level of 50-Day DMA at C$0.21. During the past 5-trading sessions, BGM gained 71.4% with daily average trading volumes of 481,214 shares, while the stock’s latest closed price reflected as it was a month ago it accumulated no gain during the past one month with daily average trading volumes of 439,028 shares.
Company Description:
Barkerville Gold Mines Ltd. (TSXV: BGM) explores for gold in British Columbia in Canada.
1-Year Stock Chart:
Source: Bloomberg