BrightRock Gold Corp (OTCMKTS:BRGC) Stock In Focus After Recent Development

If a stock gains momentum then it is quite likely that it is going to attract the attention of investors as well and one of the stocks which may well be worth tracking today is of BrightRock Gold Corp (OTCMKTS:BRGC).

Trading Data

On Monday, BRGC stock gained 2.25% to $0.2275 with more than 30K shares, compared to its average volume of 105K shares. The stock moved within a range of $0.2220 – 0.2330 after opening trade at $0.2220.

BrightRock Gold Corp. Announces the Discovery of a Historic Mine Within its Recently Completed Expansion

The company came into focus yesterday after it announced that along with Steven Cyros of Red Beryl Mining Company, Alex Sunderland was working on an elaborate mapping program at the completed expansion which spans 1400 acres. The BrightRock Gold stock gained momentum yesterday after the company announced that it had managed to discover another mine that could potentially have significant deposits of lithium.

It was a major new announcement from the company and considering the fact that the demand for lithium, it was perhaps no surprise that the BrightRock stock gained momentum. Mac J Shahsavar, who is the Chief Executive Officer of BrightRock, noted that the company had taken up the services of Steven Cyros once again for the purpose of doing a ground inspection. He went on to note that the company was soon going to release a video of the inspection so that it could be viewed by the BrightRock investors.

Key Quote

BRGC CEO Mac J. Shahsavar, P. Eng. commented “I have once again commissioned Steven Cyros to do an on-ground inspection and a live video at these coordinates where this historic mine lay dormant. BrightRock Gold will release the Inspection Video shortly for our investors’ viewing.”

Technical Data

BRGC stock is trading above the 20-Day and 50-Day Moving averages of $0.20 and $0.19 respectively. Moreover, the stock is trading above the 200-Day moving average of $0.11. The company has a total market capitalization of $182 million. The stock is up 22% over the past month.