When a stock continues to add to its gains over a reasonably long period of time then it may be a good time for investors to start looking into it far more closely. A stock that has managed to make a strong mover over the course of the past month is the Rockcliff Metals Corporation (OTCMKTS:RKCLF).
Amidst significant interest from investors, the stock has managed to clock gains of as much as 26% over the course of the past month. The company is based out of Canada and is involved in exploration activities.
Trading Data
On Friday, RKCLF stock ended flat at $0.0505 with more than 513 shares traded, compared to its average volume of 5.6 shares. The stock has moved within a range of $0.0505 – 0.0505 after opening trading at $0.055.
Key Developments
At this point in time, it has a number of projects under its control that are at an advanced stage. Those projects are located in the VMS high-grade copper-zinc dominant deposits in the Snow Lake region located in Central Manitoba.
In this context, it is perhaps also necessary to point out that Rockcliff Metals owns extensive land holdings and at this point, it spans across an area of as much as 4000 square kilometers. In order to make sense of the rally in the Rockcliff Metals stock in the past month, it could be a good idea for investors to consider taking a look at some of the recent developments.
Last week the company had come into focus among investors after it had provided a corporate update. Rockcliff Metals announced that the work with regards to the Preliminary Economic Assessment in relation to its Tower and Rail Project was on the verge of being completed.
The Preliminary Economic Assessment has revealed a lower outlay as far as initial capital requirements are concerned and at the same time, the company noted that it was going to deploy proven mining methods there. However, the study is going to be released later at some point in February. It may be a good time to start tracking the Rockcliff stock.
