Nickel 28 Capital (OTCMKTS:CONXF) Stock Price Down 5.8% – Here’s Why

Nickel 28 Capital Corp. (OTCMKTS:CONXFGet Free Report) was down 5.8% on Tuesday . The stock traded as low as $0.7820 and last traded at $0.7820. Approximately 800 shares traded hands during mid-day trading, a decline of 91% from the average daily volume of 9,294 shares. The stock had previously closed at $0.83.

Nickel 28 Capital Price Performance

The stock has a 50 day moving average price of $0.82 and a 200-day moving average price of $0.83.

About Nickel 28 Capital

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Nickel 28 Capital is a Canada-based mineral royalty company specializing in battery-grade nickel and cobalt assets. The company provides investors with exposure to critical metals used in electric vehicle batteries and other industrial applications through royalty interests rather than direct ownership of mining operations.

Nickel 28 Capital’s principal assets are two net smelter return (NSR) royalties on nickel-cobalt projects in New Caledonia. The first royalty covers the Koniambo Nickel Project, an established mine and processing facility operated through a joint venture between major mining interests.

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