Puma Exploration (TSX.V:PUMA) (OTCQB:PUMXF) Trending Up Stock to Watch

In recent times there has been significant interest in exploration companies and for good reason too, considering the volatility in prices of many commodities. There are a number of companies that you may look into at this point in time and one of those is Puma Exploration.

Before getting into the latest news about the company it may be a good move for investors to first get a better idea about the company’s business.

Trading Data

PUMA.V stock soared 23% so far in January on increased volume. Moreover, the stock is now trading at a multi-month high.

About The Company

The company is based out of Canada and is involved in the exploration of precious metals in projects situated not far from the Famous Bathurst Mining Camp in New Brunswick in Canada. In addition to that, it should be noted that Puma is focused on a strategy known as DEAR, which stands for development, exploration, acquisition, and royalties, for the purpose of unlocking maximum value for its stakeholders.

Puma Exploration Discovers a 4th Gold Zone at Williams Brook With Samples* Grading Up to 9.87 g/t Au

As it happens, Puma was in the news back on January 19 after it reported that it had been successful in discovering a 4th gold zone at the Williams Brook Gold Project located in Northern New Brunswick in Atlantic Canada. It is also necessary to note that the project in question is owned in its entirety by Puma. The zone in question had been explored in the previous fall and additional work is expected to be undertaken in 2023. Investors could do well to keep an eye on the Puma stock.