NGEx Minerals (OTC:NGXXF) Stock Price Down 0.4% – Time to Sell?

NGEx Minerals Ltd. (OTC:NGXXF)’s stock price traded down 0.4% during trading on Friday . The stock traded as low as C$15.89 and last traded at C$16.08. 4,083 shares were traded during trading, a decline of 84% from the average session volume of 26,068 shares. The stock had previously closed at C$16.15.

Wall Street Analyst Weigh In

Separately, CIBC lowered NGEx Minerals from an “outperform” rating to a “neutral” rating in a research note on Monday, August 18th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company has a consensus rating of “Hold”.

NGEx Minerals Stock Down 0.4%

The firm’s 50 day moving average price is C$14.50 and its two-hundred day moving average price is C$11.37.

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.