NGEx Minerals (OTCMKTS:NGXXF) Shares Up 1% – Here’s Why

by · The Markets Daily

Shares of NGEx Minerals Ltd. (OTCMKTS:NGXXF – Get Free Report) were up 1% on Thursday. The stock traded as high as C$15.68 and last traded at C$15.66. 26,762 shares traded hands during mid-day trading, a decline of 39% from the average session volume of 43,975 shares. The stock had previously closed at C$15.51.

Analyst Upgrades and Downgrades

Separately, TD Securities initiated coverage on NGEx Minerals in a research report on Thursday, July 23rd. They issued a “buy” rating for the company. Three investment analysts have rated the stock with a Buy rating. According to data from MarketBeat, NGEx Minerals has a consensus rating of “Buy”.

Get Our Latest Stock Report on NGXXF

NGEx Minerals Price Performance

The company has a fifty day simple moving average of C$17.10 and a 200-day simple moving average of C$18.91.

NGEx Minerals Company Profile

(Get Free Report)

NGEx Minerals Ltd. is a Canadian mineral exploration company focused on finding copper- and gold-rich deposits in South America. The company explores for copper, gold and silver and is not a mining producer.

Its principal projects include the Lunahuasi copper-gold-silver project in Argentina’s San Juan Province and the Los Helados copper-gold-silver project in Chile. Both are in the Andean region near the Argentina–Chile border, an area known as the Vicuña district.

NGEx’s work centers on exploration, including drilling and geological studies, to assess the size and potential of its mineral deposits.

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