In the past month, the Black Tusk Resources Inc (OTCMKTS:BTKRF) stock has emerged as one of the major movers in the market and in this situation, it could be imperative for investors to take a closer look into it. In the past week, the stock has managed to generate gains of 8% and that has resulted in gains of as much as 25% over the course of the past month.
Market Action
On Tuesday, BTKRF stock ended flat at $0.0250 with more than 1K shares, compared to its average volume of 24.4K shares. The stock has moved within a range of $0.0250 – 0.0250 after opening trade at $0.0250.
Recent News
In light of such gains, it could be a good idea to take a look at an announcement from the company earlier on in the week. The company announced on Monday that it had managed to complete the drone magnetometer surveys at the McGold and PG Highway projects.
Both of those properties are situated in Quebec. The company had contracted the services of Geophysique TMC for conducting the surverys in question.
The results of the survey are highly significant since it provides Black Tusk with highly detailed geophysical images. In turn, those images can help in the company’s interpretation when it comes to structural and geological aspects of the properties. Hence, it is clear to see why investors may be a bit optimistic about the Black Tusk stock at this point.
 Stock Moves Up 25% In a Month: Here is Why){kind=link}