International Northair Mines Ltd (TSX-V: INM), a precious metal mining company, is today’s top stock that experienced a strong share price momentum after rallying over 10% during the past two consecutive trading days with significant number of shares exchanging hands. In the last trading session, INM was among the top gainers in the Canadian diversified metals & mining sector after climbing 13.6% and ended at C$0.13 while recording huge volumes of 132,000 shares. During the last 5-trading sessions, INM gained 4.2% with 5-day average trading volumes of 48,420 shares, while the stock accumulated over 25% in the past one month with 30-day average volumes of 182,010 shares. Recently, INM announced the commencement of a core drill program at its La Cigarra silver project, located in north central Mexico. The program includes over 5,000 metres of drilling and is designed to expand the current mineral resources which contain 50.4 million Measured and Indicated silver ounces grading 76 grams/tonne (“g/t”) and 3.5 million silver ounces of Inferred grading 61 g/t.
Company Description:
International Northair Mines Ltd (TSX-V: INM) is a mineral exploration and development company. The company mines for gold in Mexico.
1-Year Stock Chart:
Source: Bloomberg
