Conic Metals Corp. (OTCMKTS:CONXF) shares rose 0.3% during trading on Tuesday . The company traded as high as $0.09 and last traded at $0.09, approximately 2,725 shares changed hands during mid-day trading. A decline of 66% from the average daily volume of 8,023 shares. The stock had previously closed at $0.09.
Separately, BMO Capital Markets initiated coverage on Conic Metals in a report on Friday, December 20th. They issued a “market perform” rating for the company.
The stock’s fifty day moving average price is $0.17.
About Conic Metals (OTCMKTS:CONXF)
Conic Metals Corp. operates as a base metals company. It holds an 8.56% joint-venture interest in the Ramu Nickel-Cobalt operation located in Papua New Guinea. The company also manages a portfolio of 11 nickel and cobalt royalties on exploration and development projects in Canada and Australia. Conic Metals Corp.
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