Basic Materials

Discover Minerals (DSCR) Stock Surges 250% In 2-Week: But Why?

If you are looking into stocks that might have major gains over the course of the past two weeks or so, then it might be a good idea to have a closer look at the Discover Minerals (OTCMKTS:DSCR) stock.

Over the course of the past two weeks, the stock has managed to deliver gains of as much as 250%. The rally continued on Wednesday as the stock soared by another 47%. The company is primarily involved in the acquisition and development in the mining space.

Not too long ago, Discover Minerals announced that it signed an agreement by way of which it was going to acquire the Ruby Mine from Sierra Gold LLC.

It is a significant development for the company considering the fact that the Ruby Mine is regarded as among the biggest buried placer mines in recent times. It now remains to be seen if the momentum can take the stock newer heights over the coming weeks.