Anyone who is currently looking into gold stocks which may have recorded meaningful gains in recent days could do well to take a look at the Brightrock Gold Corp (OTCMKTS:BRGC) stock. The stock was in focus yesterday and had ended up with gains of 5%. The rally in the stock on Tuesday took the gains over the course of the past week to as much as 35%.
Trading Data
On Tuesday, BRGC stock gained 4.71% to $0.0889 with more than 185K shares, compared to its average Tuesday of 185K shares. The stock moved within a range of $0.0799 – 0.0890 after opening trading at $0.0799.
BrightRock Gold Corp Announces Strategic Location as Arizona Welcomes Two Industry Leaders in Battery Production
In light of such significant gains, it may be a good time for investors to consider taking a closer look at the developments from yesterday. Yesterday, the company, which had earlier taken over the entire stake in the Midnight Owl Mine made an announcement with regards to its strategic location.
The company announced that the past producing lithium property that it owns is located around 13 kilometres from Wickenburg in Arizona. It was also noted that the property was dormant currently.
However, it was also noted that the position of the property was perfect since LG Energy Solutions and KOREPOWER can both be welcomed at a distance of less than an hour. At this point in time it may be a good idea for investors to consider adding the stock to their watch lists.
Technical Data
BRGC stock is trading above the 20-Day and 50-Day Moving averages of $0.0826 and $0.0854 respectively. Moreover, the stock is trading above the 200-Day moving average of $0.0596.
