NGEx Minerals (OTCMKTS:NGXXF) Stock Price Up 1% – Here’s What Happened

Shares of NGEx Minerals Ltd. (OTCMKTS:NGXXF) rose 1% during trading on Monday . The stock traded as high as C$17.57 and last traded at C$17.29. 6,234 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 47,851 shares. The stock had previously closed at C$17.12.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reiterated a “buy” rating on shares of NGEx Minerals in a report on Monday, July 6th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

NGEx Minerals Stock Up 1.0%

The company has a fifty day moving average of C$18.60 and a 200-day moving average of C$19.53.

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.