NuLegacy Gold (OTCMKTS:NULGF) Stock Price Up 6.5% – Still a Buy?

NuLegacy Gold Co. (OTCMKTS:NULGFGet Free Report) shares rose 6.5% during mid-day trading on Thursday . The company traded as high as $0.3420 and last traded at $0.3420. Approximately 10,250 shares changed hands during trading, an increase of 270% from the average daily volume of 2,768 shares. The stock had previously closed at $0.3210.

NuLegacy Gold Trading Up 6.5%

The stock has a fifty day simple moving average of $0.29 and a two-hundred day simple moving average of $0.16.

About NuLegacy Gold

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NuLegacy Gold Corp. is a Canadian resource exploration company focused on the identification and development of Carlin‐style gold deposits in Nevada’s prolific Cortez Trend. The company’s primary objective is to advance its flagship Red Hill Project, where it targets high‐grade gold mineralization using modern drilling, geochemical sampling and geophysical techniques. NuLegacy’s strategic emphasis on district‐scale land positions allows it to explore multiple gold zones along a trend that hosts some of the most significant gold deposits in North America.

The Red Hill Project spans several thousand acres of prospective terrain located near Barrick Gold’s Goldrush deposit.

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