NGEx Minerals' Share Price Tumbles Amid Metallurgical Result Hype
NGEx Minerals' share price has eased by roughly 8% over the past month despite initial metallurgical results at its Lunahuasi copper gold silver project showing high recoveries and effective arsenic removal techniques.
The company's stock price has, however, bounced back from short-term volatility, with a 90-day share price return of 5% and a one-year total shareholder return of 13.18%.
Metallurgy is now in the spotlight, and NGEx Minerals' share price has taken a step back. Investors are weighing whether to pay up after this run or wait for a cheaper opportunity to access the same story as the valuation work begins.