New Pacific Metals Corp. (OTCMKTS:NUPMF – Get Free Report)’s stock price fell 6.4% during mid-day trading on Friday . The company traded as low as $3.31 and last traded at $3.37. 1,191,957 shares were traded during mid-day trading, an increase of 705% from the average session volume of 148,061 shares. The stock had previously closed at $3.60.
New Pacific Metals Stock Performance
The firm’s 50-day simple moving average is $4.09 and its 200 day simple moving average is $3.22.
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 Potosà Department, where New Pacific holds an 80% interest through a joint-venture agreement.
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