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Dundee Securities announced NGEx Resources (TSE:NGQ), bumping up its stock price target to $1.25 today

Only yesterday NGEx Resources (TSE:NGQ) traded 5.26% higher at $1.20. The company’s 50-day average is $1.19 and its 200-day average is $0.95. With the last stock price up 26.48% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time period. 56,367 shares of the stock traded, up from ann avg. volume of 50,052.

In an issued report on 9/19/2016 Dundee Securities bumped up the target price of NGEx Resources (TSE:NGQ) from $1 to $1 reporting a possible upsideof 0.04%.

On 8/18/2016, Scotia Capital reported about NGEx Resources(TSE:NGQ) dropped the target price from $1.25 to $1.20 that indicated a possible downside of -0.14%.

See Chart Below:

NGEx Resources (TSE:NGQ)

Also covering NGEx Resources’s target price, a total of 3 brokerages have released a report on the company. The one year target price is $0.99 with 0 rating the company a strong buy, 0 rating the company a buy, 0 firms rating the stock a hold, 0 rating the stock to underperform, and finally 0 analysts rating the company as sell.

NGEx Resources has a one-year low of $0.44 and a one-year high of $1.50 . NGEx Resources’s market cap is currently $0.0.

General Information About NGEx Resources (TSE:NGQ)

NGEx Resources Inc. (NGEx) is a Canada-based company, which is engaged in the acquisition, exploration and development of precious and base metal properties. The Company has a portfolio of exploration stage copper-gold projects in Chile and Argentina. The Company’s operating segments are Project Constellation, the Filo del Sol project and other exploration projects. Its Project Constellation includes Los Helados and Josemaria Projects, which are exploration stage copper-gold projects located in Chile and Argentina. Its Los Helados Project is located approximately 125 kilometers southeast of the city of Copiapo. Its Josemaria project is located in the Andes Mountains of San Juan Province, Argentina and over 135 km southeast of the city of Copiapo. The Company’s Filo del Sol Project is in the resource definition stage and located over 140 km southeast of the city of Copiapo, Chile and straddles the border between San Juan Province, Argentina and Region III, and Chile.

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