Yesterday, the not traded since last Friday Premium Exploration, Inc. (CVE:PEM), (PINK:PMMEF) stock immediately rushed up on the released updated claims map of the company.PEM stock soared 5.56% on a volume of more than 608 thousand shares traded.
Premium Exploration made an update on the discussed at the end of the last month review of airborne geophysics.
According to the release, the company expanded its already district-sized land package by 200% to encompass newly discovered geophysical anomalies along the Orogrande Shear Zone in Central Idaho.
The update also shows that Premium Exploration now disposes of 1168 claims, adding 774 new claims.
As opposed to the investor uncertainty towards PEM stock price upward move on the company’s news from the end of the last month, this time the shares met investor appreciation. The upward PEM direction from the end of last week continued, confirmed by an increased trading volume.
Maybe PEM is now accumulating power for the next huge stock stir.[BANNER]
Yesterday, the shares of Premium Exploration were well appreciated even by investors on the American market. The Grey PMMEF surged 4.02% up on a volume of 81 thousands shares changing hands.
Premium Exploration Inc. explores and develops North American gold, silver, platinum and palladium properties. The company’s portfolio includes land packages in Idaho. Currently, the company is focused on its Friday-Petsite project and the PGM exploration project in Montana.
