New Pacific Metals (OTCMKTS:NUPMF) Trading Down 8.5% – What’s Next?

New Pacific Metals Corp. (OTCMKTS:NUPMFGet Free Report) shares were down 8.5% during trading on Monday . The stock traded as low as $4.1650 and last traded at $4.20. 2,965,666 shares changed hands during mid-day trading, an increase of 1,903% from the average session volume of 148,061 shares. The stock had previously closed at $4.59.

New Pacific Metals Trading Down 8.5%

The company has a 50-day simple moving average of $5.04 and a two-hundred day simple moving average of $4.26.

About New Pacific Metals

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New Pacific Metals Corp. is a Canadian mineral exploration and development company focused on advancing high-grade silver projects in Latin America. The company’s primary objective is to explore, delineate and develop polymetallic silver deposits, leveraging geological expertise to convert early-stage targets into defined mineral resources. New Pacific Metals is publicly traded on the TSX Venture Exchange and the OTCMKTS under the symbol NUPMF.

The company’s flagship asset is the Silver Sand silver project located in Bolivia’s PotosĂ­ Department, where New Pacific holds an 80% interest through a joint-venture agreement.

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