Las Vegas, NV -- (SBWIRE) -- 01/30/2013 -- US Tungsten Corp (PINK:USTU) has surged 4.88 percent in the start of the session to $0.430. A good trading activity is also seen as in start of session, almost 53,000 shares has been traded while on average the stock trades with volume of 134,280 shares per day.
US Tungsten Corp has total outstanding common stock of 198.75 million shares out of which 63.75 million shares have been floated in the stock market.
The share price is also trading near its resistance level as the stock highest stands at $0.45 in last 52 weeks while it’s lowest in last one year stands at $0.17. If the share price keeps this momentum it will be breaking its resistance level in no time.
The company is an involved in exploration of mineral properties but is also looking for a new acquisition opportunities. The company also appointed Mr. Barry Wattenberg as Treasurer and Director of the company in last month. Mr. Barry comes with wide experience in securities industry and is expected to be significant part of the team.
To find out what OTCMAGIC projects for US Tungsten Corp for both short term and long term please click here: USTU
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