New Pacific Metals (OTCMKTS:NUPMF) Stock Falls 1.1% – Here’s What Happened

New Pacific Metals Corp. (OTCMKTS:NUPMF – Get Free Report)’s share price dropped 1.1% during mid-day trading on Tuesday. The stock traded as low as $6.14 and last traded at $6.21. Approximately 546,451 shares changed hands during mid-day trading, an increase of 269% from the average session volume of 148,061 shares. The stock had previously closed at $6.28.

New Pacific Metals Stock Performance

The stock’s 50-day moving average price is $6.22 and its 200 day moving average price is $5.16.

About New Pacific Metals

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New Pacific Metals Corp. is a mineral exploration and development company focused on advancing precious-metals projects in Bolivia. The company’s primary asset is the Silver Sand project, a silver-focused project in the Potosí Department of southwestern Bolivia. New Pacific is evaluating the project’s mineral resources and potential development through exploration, technical studies and permitting activities.

The company also owns the Carangas project in Bolivia’s Oruro Department, which is being explored for silver and gold mineralization.

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