New World Gold (NWGC) Makes a Bullish Move: What Next?

Over the past year, gold mining stocks have come into a lot of focus among investors and those who are still looking for gold stocks could consider taking a look at the New World Gold Corporation (OTC: NWGC) stock.

New World Gold (NWGC) Makes a Bullish Move: What Next?

On Thursday, the New World Gold stock was on the move and soared by as high as 72% on the back of robust volumes. The trading volume in the stock hit as many as 539 million shares yesterday.

As a matter of fact, the stock has been in play over the past week, and during the period, it clocked gains of 250%. The company owns gold properties through a string of subsidiaries and also owns some of those directly. Through its subsidiaries, it operates its gold businesses in Ecuador and Peru. At this point in time, it is working on a total of 5 gold mines. There has been no news about the company in recent days but it might be a good idea for investors to keep an eye on the stock today.

Jack Dawkins

Finance and Tech Contributor