New Pacific Metals Corp. (OTCMKTS:NUPMF – Get Free Report) shares dropped 0.7% during mid-day trading on Thursday . The company traded as low as $5.50 and last traded at $5.69. Approximately 1,339,054 shares were traded during trading, an increase of 804% from the average daily volume of 148,061 shares. The stock had previously closed at $5.73.
New Pacific Metals Price Performance
The firm has a 50-day moving average of $3.91 and a 200 day moving average of $2.95.
About New Pacific Metals
New Pacific Metals Corp. is a Canadian mineral exploration and development company focused on advancing high-grade silver projects in Latin America. The company’s primary objective is to explore, delineate and develop polymetallic silver deposits, leveraging geological expertise to convert early-stage targets into defined mineral resources. New Pacific Metals is publicly traded on the TSX Venture Exchange and the OTCMKTS under the symbol NUPMF.
The company’s flagship asset is the Silver Sand silver project located in Bolivia’s Potosí Department, where New Pacific holds an 80% interest through a joint-venture agreement.
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