Nevada Copper Corp (NCU) Shares Down 4.2%

Nevada Copper Corp (TSE:NCU) shares dropped 4.2% during trading on Wednesday . The stock traded as low as C$0.67 and last traded at C$0.68. Approximately 13,000 shares traded hands during trading, a decline of 80% from the average daily volume of 65,406 shares. The stock had previously closed at C$0.71.

The company has a 50-day moving average of $0.63 and a 200-day moving average of $0.58. The firm’s market cap is $62.43 million.

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About Nevada Copper Corp

Nevada Copper Corp. is a development-stage mining company. The Company is engaged in the identification, acquisition, exploration and development of copper and other mineral properties located in the United States. The Company is engaged in the exploration and development of the Pumpkin Hollow copper project located in the Walker Lane mineralized belt of western Nevada.

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