Labrador Gold Corp. (OTC:NKOSF – Get Rating)'s share price traded down 9.7% on Wednesday . The company traded as low as 0.20 and last traded at 0.21. 73,800 shares traded hands during mid-day trading, a decline of 20% from the average session volume of 92,459 shares. The stock had previously closed at 0.23.
Labrador Gold Trading Up 7.3 %
The business's 50-day simple moving average is 0.21.
Labrador Gold Company Profile
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Labrador Gold Corp. engages in the acquisition, exploration, and development of gold properties in the Americas. The company owns a 100% interest in the Borden Lake property that covers an area of 1,598-hectares located in Chapleau, Ontario. It has an option to acquire 100% interest in the Ashuanipi property consisting of 1,564 Claims in 10 claim blocks covering an area of approximately 391 square kilometers located in Labrador, Quebec; the Kingsway property consisting of 264 claims in 3 licenses covering approximately 77 square kilometers located near Gander, Newfoundland; and the Hopedale property that comprises 998 claims in 5 licenses covering 249 square kilometers.
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