The stock of Pure Gold Mining Inc (CVE:PGM) is a huge mover today! About 405,100 shares traded hands or 12.79% up from the average. Pure Gold Mining Inc (CVE:PGM) has risen 6.00% since November 1, 2016 and is uptrending. It has outperformed by 0.07% the S&P500.
The move comes after 5 months positive chart setup for the $79.39M company. It was reported on Dec, 1 by Barchart.com. We have $0.50 PT which if reached, will make CVE:PGM worth $4.76 million more.
Another recent and important Pure Gold Mining Inc (CVE:PGM) news was published by Mining.com which published an article titled: “Vancouver junior off to the races on Red Lake drilling” on April 04, 2016.
Pure Gold Mining Inc, formerly Laurentian Goldfields Ltd, is a Canada gold-focused exploration and development company, which is engaged in the acquisition, exploration and development of mineral properties or interests in companies controlling mineral properties. The company has a market cap of $79.39 million. The Firm is focused on discovering mineralization on its property, the Madsen Gold Project, which is located in Red Lake greenstone belt. It currently has negative earnings. The Madsen Gold Project property is host to approximately three past-producing mines, existing mine infrastructure, Mineral Resources, and multiple prospective exploration targets in a geological setting analogous to other high grade discoveries in the Red Lake District.
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