NGEx Resources Inc (NGQ) Shares Down 4.5%

NGEx Resources Inc (TSE:NGQ) traded down 4.5% during trading on Tuesday . The stock traded as low as C$1.05 and last traded at C$1.05. 44,000 shares traded hands during trading, an increase of 39% from the average session volume of 31,573 shares. The stock had previously closed at C$1.10.

The company has a 50 day moving average of $0.93 and a 200 day moving average of $0.98. The company has a market cap of $232.71 million and a PE ratio of 10.48.

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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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