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NEW YORK (TheStreet) — Gammon Gold (NYSE:GRS) hit a new 52-week high Monday as it is currently trading at $10.67, above its previous 52-week high of $10.52 with 96,889 shares traded as of 9:31 a.m. ET. Average volume has been 1.7 million shares over the past 30 days.


Gammon has a market cap of $1.4 billion and is part of the basic materials sector and metals & mining industry. Shares are up 28.2% year to date as of the close of trading on Friday.


Gammon Gold Inc., through its subsidiaries, engages in the acquisition, exploration, development, and mining of gold and silver deposits in Mexico.

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Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.