Gold Standard Ventures Corp (NYSEAMERICAN:GSV)’s share price shot up 8% during trading on Monday . The company traded as high as $1.65 and last traded at $1.62. 889,457 shares were traded during trading, an increase of 102% from the average session volume of 439,537 shares. The stock had previously closed at $1.50.

Separately, BMO Capital Markets began coverage on Gold Standard Ventures in a research report on Friday, June 8th. They set an “outperform” rating and a $3.00 price objective on the stock.

Gold Standard Ventures (NYSEAMERICAN:GSV) last posted its earnings results on Monday, August 13th. The basic materials company reported ($0.01) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.01).

Hedge funds have recently bought and sold shares of the business. AGF Investments Inc. grew its stake in shares of Gold Standard Ventures by 93.4% in the second quarter. AGF Investments Inc. now owns 862,200 shares of the basic materials company’s stock valued at $1,187,000 after buying an additional 416,300 shares in the last quarter. Sentry Investments Corp. grew its stake in shares of Gold Standard Ventures by 58.6% in the first quarter. Sentry Investments Corp. now owns 3,373,500 shares of the basic materials company’s stock valued at $7,118,000 after buying an additional 1,246,000 shares in the last quarter. Ingalls & Snyder LLC grew its stake in shares of Gold Standard Ventures by 7.5% in the second quarter. Ingalls & Snyder LLC now owns 1,576,935 shares of the basic materials company’s stock valued at $2,153,000 after buying an additional 109,700 shares in the last quarter. JPMorgan Chase & Co. acquired a new stake in shares of Gold Standard Ventures in the first quarter valued at $4,155,000. Finally, Deutsche Bank AG acquired a new stake in shares of Gold Standard Ventures in the fourth quarter valued at $112,000.

About Gold Standard Ventures (NYSEAMERICAN:GSV)

Gold Standard Ventures Corp., an exploration stage company, engages in the acquisition and exploration of gold-bearing mineral resource properties in Nevada, the United States. Its flagship property is the Railroad-Pinion project covering approximately 53,569 gross acres of land in Elko County, Nevada.

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