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Bunker Hill Mining Corporation (OTCMKTS:BHLL) Stock Up 18% In a Week: But Why?

Jon Williams , , , ,

If you are currently looking into stocks which may have recorded strong gains over the course of the past week then it may be a good move to look into the Bunker Hill Mining Corporation (OTCMKTS:BHLL) stock.

Market Stats

On Tuesday, BHLL stock gained 1.52% at $0.20 with more than 33k shares, compared to its average volume of 41k shares. The stock has moved within a range of $0.1870 – 0.2045 after opening trading at $0.1959.  

Announces Mineral Resource Update, Including 59% Increase in M&I to 1.1 Billion Zinc Eq Pounds at Higher Grades

During the past week, investors have moved in on the stock in a big way and sent it soaring by as much as 18%. In light of such strong gains, it may be a good time for investors to take a closer look at Bunker Hill Mining. On Tuesday, the company was in the news after it made an announcement with regards to the fact that it had finally completed the production of an updated mineral resource estimate at the Bunker Hill Mine.

The company noted that the measured and indicated total resource of zinc at the mine stood at 6.6 million tons. The indicated a rise of as much as 59% from the report that had been published back in March this year. It was a significant announcement from the company and something that could bring the stock into further focus among investors over the course of the coming days. It may be a good move now to add the stock to your watch lists.

Jon Williams

Jon graduated from the University of Michigan with a degree in finance. He is an avid investor and enjoys reporting on the markets. When he is not in front of a computer he enjoys playing golf and watching basketball.