Barkerville Gold Mines Ltd. (TSXV: BGM), a junior gold explorer, is today’s top stock with strong share price momentum after the company reported recommencing mining and milling operations at its Bonanza Ledge mine and QR mill facility in British Columbia. Its stock jumped over 9% during the last two consecutive trading days with a greater than average number of shares exchanging hands. In the last session, BGM was among the top performers in the Canadian diversified mining sector having gained 20% breaking the short term 30-day DMA at C$0.39. The stock ended at C$0.42 while recording huge volumes of 281,500 shares. During the past 5-trading sessions, BGM surged 23.5% with 5-day daily average trading volumes of 187,824 shares compared with 30-day daily average trading volumes of 185,005 shares. The stock rallied after BGM received permission from the Chief Inspector of Mines allowing the company to recommence its milling and mining operations at its Bonanza Ledge mine and QR mill facility near the towns of Wells and Quesnel in central British Columbia.
Company Description:
Barkerville Gold Mines Ltd. (TSXV: BGM) explores for gold in British Columbia in Canada.
1-Year Stock Chart:
Source: Bloomberg
