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flag iMetal Resources shares surged 21.7%–26.1% on heavy volume, despite no new projects or profits.

flag iMetal Resources (CVE:IMR) shares rose between 21.7% and 26.1% on Tuesday, closing near C$0.15 amid a surge in trading volume exceeding 695,000 shares—over 990% above average. flag The junior exploration company, focused on precious and base metals in Ontario and Quebec, owns properties including Gowganda West, Kerrs Gold, and Ghost Mountain. flag Despite the price spike and increased investor interest, the company remains in early-stage exploration with no disclosed catalyst, low profitability, and financial metrics reflecting limited operational scale.

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