Shares of Southern Cross Gold (ASX:SXG) have experienced an impressive rise of 22.6%, reaching an all-time high of A$2.090.

At a later point, they increased again by 19%.

This gold mining company announced its intentions to dual list in Canada, a decision that promises to offer the company more direct exposure to global investors.

There has seen a notable surge in trade activity with about 806,000 shares changing hands recently.

This number sharply contrasts with the otherwise average 30-day volume of 392,826 shares.

Over the last 12 months, the stock has leapt a remarkable 220%, and year-to-date, it is up 64%.

Southern Cross Gold is a leading gold mining company that operates out of Australia.