Shares of New Pacific Metals Corp. (OTCMKTS:NUPMF – Get Free Report) traded down 8.5% during trading on Monday . The company traded as low as $4.1650 and last traded at $4.20. 2,965,666 shares changed hands during trading, an increase of 1,903% from the average session volume of 148,061 shares. The stock had previously closed at $4.59.
New Pacific Metals Price Performance
The stock’s 50-day moving average price is $5.04 and its two-hundred day moving average price is $4.26.
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 Potosí Department, where New Pacific holds an 80% interest through a joint-venture agreement.
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