NGEx Resources Inc (TSE:NGQ) shares dropped 0.9% during mid-day trading on Thursday . The stock traded as low as C$1.10 and last traded at C$1.10. Approximately 1,700 shares changed hands during trading, a decline of 97% from the average daily volume of 61,687 shares. The stock had previously closed at C$1.11.
Separately, Scotiabank upped their price target on shares of NGEx Resources from C$1.00 to C$1.25 and gave the stock a “sector perform” rating in a research report on Tuesday, November 14th.
About NGEx Resources
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.
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