Labrador Gold Corp. (OTCMKTS:NKOSF – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Monday. The stock has a 200-day moving average of C$0.05 and traded as low as C$0.03. Labrador Gold shares last traded at C$0.04, with a volume of 12,690 shares trading hands.
Labrador Gold Stock Down 24.8%
The business’s fifty day simple moving average is C$0.04 and its 200 day simple moving average is C$0.05.
Labrador Gold Company Profile
Labrador Gold Corp. is a mineral exploration company focused on the discovery and development of gold deposits in eastern Canada. The company’s activities include acquiring, evaluating and exploring prospective mineral properties, conducting geological surveys and geophysical programs, and carrying out drilling to assess the size and quality of identified targets. Labrador Gold is an exploration-stage company and does not operate as a producing mining company.
The company’s principal asset is the Kingsway project in Newfoundland, a strategically located gold exploration property in the Gander area.
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