This Greenland-focused stock is surging on Trump's ambitious plans

Investing.com -- Shares of mining company Critical Metals Corp. were seen surging on Friday.

This marks the largest intraday gain for the company since May.

Critical Metals Corp., which has exploration assets in Greenland, experienced this surge as the Greenlandic Prime Minister expressed interest in engaging in discussions with President Trump.

The Prime Minister of Greenland announced on Friday that he hasn't yet spoken with Trump, but is prepared to do so. He emphasized that maintaining the status quo is no longer a viable option for the territory.

The Prime Minister, Egede, also highlighted the need for more momentum in Greenland's economy.

Critical Metals Corp. is the owner of the Tanbreez project, located in Southern Greenland. In December, the company confirmed the presence of high-grade rare earth minerals at this project.

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Source: Investing.com