Gold Standard Ventures Corp (NYSEAMERICAN:GSV) Stock Continues to Move Higher With 9% Jump in a Week
If there is one stock to have continued to move upward at a steady pace then it is the Gold Standard Ventures Corp (NYSEAMERICAN:GSV) stock. The stock was in focus yesterday after the company made a key announcement and ended up with gains of as much as 3%.
Market Stats
On Wednesday, GSV stock gained 3% at $0.5250 with more than 2.34 million shares, compared to its average volume of 649k shares. The stock has moved within a range of $0.3920 – 0.4100 after opening the trade at $0.40.
Gold Standard Ventures Advancing Key Milestones
In addition to that, it should be noted that the stock has clocked gains of as much as 9% over the course of the past week. In this situation, it might be a good idea for investors to perhaps take a closer look at the announcement made by Gold Standard Ventures yesterday.
Yesterday, the company provided an update with regards to financing for construction capital, feasibility study and the permitting procedure. The President and Chief Executive Officer of the company, Jason Attew spoke about the matter.
He stated that in recent times the team at Gold Standard Ventures Corp managed to accomplish a tremendous amount of work. That work had been instrumental in driving forward some of the main growth drivers of the company and went on to state that the final exploration report for 2021 should be released at some point in the upcoming weeks.
Key Quote
Jason Attew, President and CEO, commented, “Tremendous work has been accomplished by the Gold Standard team in advancing the key value drivers for our company. We anticipate releasing the final 2021 exploration holes drilled at the Pinion SB Zone in the coming weeks and look forward to a catalyst rich 2022, kicking off with the release of the South Railroad Project Feasibility Study in Q1.”
Traders Corner
GSV stock is trading above the 20-Day and 50-Day Moving averages of $0.48 and $0.47 respectively. However, the stock is trading below the 20-Day moving average of $0.56. The stock is up 16% in the past month.
