Last week, the Bunker Hill Mining Corp (OTCMKTS:BHLL) stock was in the middle of a remarkable rally and ended up with gains of as much as 21% as investors piled on to it in a big way.
Trading Data
On Friday, BHLL stock fell 2.16% to $0.2422 with more than 49K shares, compared to its average volume of 50K shares. The stock moved within a range of $0.2397 – 0.2772 after opening trade at $0.2772.
Bunker Hill Files Amended Technical Report
Back on Friday, the company had come into the news cycle after it announced that it had completed the filing of an amended technical report for its Bunker Hill Mine. The filing had been done by the company in order to answer the comments that had been made by the Ontario Securities Commission. It was a voluntary filing from the company and it will be interesting to see how the market reacts to this news this week.
The comments made by the Ontario Securities Commission were addressed by the company in the report had had been filed back on December 29 last year. The report is titled “Technical Report and Preliminary Economic Assessment For Underground Milling and Concentration of Lead, Silver and Zinc at the Bunker Hill Mine, Coeur d’Alene Mining District, Shoshone County, Idaho, USA” The optimism among investors at this point is understandable and it is now going to be interesting to see if the Bunker Hill stock can manage to hold on to its momentum.
Technical Data
BHLL stock is Moreover below the 20-Day and 50-Day Moving averages of $0.25 and $0.25 respectively. However, the stock is trading above the 200-Day moving average of $0.21.
