New Century Resources (ASX:NCZ) Trading 6.9% Higher

New Century Resources Ltd (ASX:NCZ) shares traded up 6.9% on Wednesday . The stock traded as high as A$0.32 ($0.22) and last traded at A$0.31 ($0.22), 3,888,186 shares changed hands during trading. An increase of 178% from the average session volume of 1,400,000 shares. The stock had previously closed at A$0.29 ($0.21).

The firm has a market cap of $156.78 million and a price-to-earnings ratio of -3.01. The company has a 50 day moving average price of A$0.39.

New Century Resources Company Profile (ASX:NCZ)

New Century Resources Limited operates as a base metal development company in Australia and the United States. The company explores for zinc, lead, silver, and coking coal deposits. It holds a 70% interest in the Century mine located in Queensland, Australia; and the Kodiak project located in the Cahaba Basin, Alabama.

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