Onyx Gold Corp. ( (TSE:ONYX) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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Onyx Gold Corp.’s stock is experiencing an upward movement due to the announcement of a new gold zone discovery located 250 meters southwest of the Argus North Zone. This discovery is part of their ongoing drilling program at the Munro-Croesus Project, which suggests expanded gold mineralization potential. As a result, investor sentiment towards the company’s stock is improving.
More about Onyx Gold Corp.
YTD Price Performance: 645.00%
Average Trading Volume: 167,756
Technical Sentiment Signal: Buy
Current Market Cap: C$124.6M
For further insights into ONYX stock on TipRanks’ Stock Analysis page.
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