NGEx Minerals (OTCMKTS:NGXXF) Stock Price Down 15.6% – Here’s Why
by Scott Moore · The Cerbat GemNGEx Minerals Ltd. (OTCMKTS:NGXXF – Get Free Report)’s stock price dropped 15.6% during mid-day trading on Friday . The company traded as low as C$17.72 and last traded at C$17.72. Approximately 117,715 shares changed hands during mid-day trading, an increase of 125% from the average daily volume of 52,324 shares. The stock had previously closed at C$21.00.
NGEx Minerals Price Performance
The stock has a fifty day simple moving average of C$19.61 and a 200-day simple moving average of C$19.52.
About NGEx Minerals
NGEx Minerals Ltd. engages in the acquisition, exploration, and development of mineral properties in South America. The company holds interest in the Los Helados project, a porphyry copper, gold, and silver deposit located in the Andes Mountains of the Atacama Region, Chile. It also holds interest in the Valle Ancho and Interceptor properties located in Catamarca, Argentina; and the Potro Cliffs project located in San Juan Province, Argentina. The company was incorporated in 2019 and is headquartered in Vancouver, Canada.