NGEx Resources Inc (NGQ) Posts Quarterly Earnings Results

NGEx Resources Inc (TSE:NGQ) announced its earnings results on Monday. The company reported ($0.02) earnings per share for the quarter.

NGEx Resources (TSE:NGQ) opened at 0.88 on Friday. The stock has a market capitalization of $187.86 million and a PE ratio of 8.38. The company’s 50-day moving average is $1.00 and its 200 day moving average is $1.19. NGEx Resources has a 12-month low of $0.85 and a 12-month high of $1.50.

Separately, Paradigm Capital initiated coverage on shares of NGEx Resources in a report on Tuesday, April 11th. They set a “speculative buy” rating and a C$2.70 price target for the company.

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NGEx Resources Company Profile

NGEx Resources Inc is engaged in the acquisition, exploration and development of mineral properties located in South America. The Company’s principal project is Project Constellation, which consists of the Los Helados project and the Josemaria project, which are exploration stage copper or gold or silver projects located in Chile and Argentina.

12 Month Chart for TSE:NGQ

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