Shares of Pure Gold Mining Inc. (OTCMKTS:NRGOF) shot up 9% on Friday . The stock traded as high as $0.17 and last traded at $0.16, 437,221 shares were traded during trading. An increase of 238% from the average session volume of 129,436 shares. The stock had previously closed at $0.15.
Separately, Noble Financial started coverage on shares of Pure Gold Mining in a research report on Thursday, May 28th. They issued a “buy” rating and a $0.15 target price on the stock.
The company’s 50 day simple moving average is $0.18.
NewRange Gold Corp., an exploration stage company, engages in the identification, acquisition, exploration, and development of precious and base metal projects in Colombia and the United States. The company explores for gold, copper, silver, and zinc ores. Its flagship property is the Pamlico gold project that comprises 276 unpatented lode mining claims located in Mineral County, Nevada.
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