Shares of Rubicon Minerals Corporation (RBY) are surging higher on the session. The co.’s ticker advanced 28.44 percent to $5.69 after jumping more than 30 percent earlier.
The security continues to surge higher on strong trading volume as price lifts up under Friday’s high of $4.47.
As mentioned, RBY volume is particularly strong today, with more than 8.5 million shares trading hands so far into the session. The normal average volume for RBY over the last 13 weeks is just over 900K shares.
Rubicon Minerals, a $1.2 billion market cap co., gained $1.27, or 28.45 percent, to $5.70 at 1:56 p.m. ETD in AMEX trading.