Why is the Hawkstone Mining (ASX:HWK) share price flying 8%?

Hawkstone Mining Ltd (ASX: HWK) shares are flying higher today. At the time of writing, the Hawkstone share price has soared 8.3% to 5.2 cents after climbing as high as 5.5 cents in morning trade. 

This compares to a 0.58% gain on the All Ordinaries Index (ASX: XAO). And it’s enough to put the Hawkstone share price up 420% in 2021. In fact, you could have bagged those 420% gains by buying Hawkstone shares as recently as Thursday 14 January. At the time, Hawkstone Mining was trading for just 1 cent per share. 

Why is the Hawkstone Mining share price on the rise?

A big surge in the Hawkstone share price late last week came thanks to positive news from the company’s lithium operations. However, the United States-focused,…