NGEx Resources Inc (TSE:NGQ) had its price target raised by Dundee Securities from C$0.95 to C$1.25 in a research note issued to investors on Monday. The brokerage currently has a neutral rating on the stock.

Separately, Scotiabank reduced their price target on shares of NGEx Resources from C$1.25 to C$1.20 and set a sector perform rating for the company in a report on Thursday, August 18th.

Shares of NGEx Resources (TSE:NGQ) opened at 1.29 on Monday. The stock has a 50 day moving average of $1.20 and a 200-day moving average of $0.97. NGEx Resources has a one year low of $0.44 and a one year high of $1.50. The company’s market capitalization is $264.56 million.

About NGEx Resources

NGEx Resources Inc (NGEx) is a Canada-based company, which is engaged in the acquisition, exploration and development of precious and base metal properties. The Company has a portfolio of exploration stage copper-gold projects in Chile and Argentina. The Company’s operating segments are Project Constellation, the Filo del Sol project and other exploration projects.

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