As the second day of the trading week rolls around on February 27, there are some companies that may well come onto the radars of investors, and one of those is Clifton Mining Company (OTC:CFTN). It is an energy resource company involved in the exploration, development, and acquisition of mineral properties.
The company boasted of having 82 patented claims, 6 state mineral leases in the Gold Hill mining district in North West Utah, and 42 unpatented lode claims, including 32 placer claims. Clifton Mining had been established in 1993 and was based out of American Fork in Utah.
February proved to be a flat month for the Clifton Mining stock, and the trading volumes were low. However, it should be noted that the prices of gold and silver are rising. In such a situation, it may be a good move for investors to keep an eye on the action in the stock.
On November 7, 2023, the company provided the production report for the three-month period from July to September 2023 for its business unit, Desert Hawk. It was revealed that Desert Hawk had managed to sell as much as 391 ounces of gold and an aggregate of 594 ounces of silver.
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