NGEx Resources Inc. (TSE:NGQ) rose 0.9% during mid-day trading on Thursday . The company traded as high as C$1.07 and last traded at C$1.05. Approximately 94,265 shares were traded during mid-day trading, an increase of 51% from the average daily volume of 62,362 shares. The stock had previously closed at C$1.06.

Separately, Scotiabank increased their target price on shares of NGEx Resources from C$1.00 to C$1.25 and gave the stock a “sector perform” rating in a research report on Tuesday, November 14th.

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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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