Shares of NexMetals Mining Corp. (NASDAQ:NEXM - Get Free Report) dropped 3.9% on Friday . The company traded as low as $5.37 and last traded at $5.44. Approximately 113,617 shares changed hands during trading, a decline of 22% from the average daily volume of 146,389 shares. The stock had previously closed at $5.66.
Wall Street Analyst Weigh In
NEXM has been the topic of a number of research reports. Zacks Research raised NexMetals Mining to a "strong sell" rating in a research note on Tuesday, September 23rd. Wall Street Zen raised NexMetals Mining to a "sell" rating in a research note on Saturday, August 16th. Finally, Weiss Ratings reissued a "sell (e+)" rating on shares of NexMetals Mining in a research note on Wednesday, October 8th. Two research analysts have rated the stock with a Sell rating, According to data from MarketBeat.com, NexMetals Mining has an average rating of "Sell".
Read Our Latest Report on NEXM
NexMetals Mining Price Performance
The firm has a 50 day moving average of $5.67.
About NexMetals Mining
(
Get Free Report)
North American Nickel Inc operates as a mineral exploration and resource development company. The company engages in the exploration and development of mineral properties in Morocco and Canada, as well as in Botswana. Its principal asset is the Maniitsoq nickel-copper-cobalt-precious metal sulphide project covering an area of 3,048 square kilometers located in southwest Greenland.
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