Onyx Gold Corp. ( (TSE:ONYX) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Onyx Gold Corp.’s stock is on the rise following a significant financing announcement. The company has successfully raised approximately $23.6 million through both brokered and non-brokered financings. This influx of capital is set to boost their exploration activities in Canada and solidify their standing in the mining sector, sparking investor optimism and highlighting growth potential.
More about Onyx Gold Corp.
YTD Price Performance: 725.00%
Average Trading Volume: 151,989
Technical Sentiment Signal: Buy
Current Market Cap: C$113.4M
For further insights into ONYX stock on TipRanks’ Stock Analysis page.
See more of today’s top stock gainers and losers.