Midway Gold Corp (AMEX:MDW)

MDW - chart" src="http://stock-tipper.com/wp-content/uploads/2011/04/MDW05.png" alt="" width="478" height="278" />

MDW - Google Finance" href="http://www.google.com/finance?q=AMEX:MDW">Midway Gold Corp MDW did well yesterday. The gold explorer closed just off the day's high of $2.13 to finish at $2.12 and managed a 15% gain. The above chart shows the stock breaking higher and approaching previous 52 week highs of $2.39.

My very first post about this stock was back in January and Midway Gold Corp has almost doubled since then. No doubt the spike in the gold price to new record highs has helped contribute to the 15% gain made yesterday, but the company also announced a very nice pre-feasibility report for their Pan Gold Project on Monday.

I think we will see new 52 week highs very soon!