Nickel 28 Capital (OTCMKTS:CONXF) Shares Up 2.5% – Still a Buy?

Nickel 28 Capital Corp. (OTCMKTS:CONXF) rose 2.5% during mid-day trading on Monday . The stock traded as high as $0.54 and last traded at $0.54. Approximately 3,190 shares traded hands during mid-day trading, a decline of 86% from the average daily volume of 23,444 shares. The stock had previously closed at $0.52.

Nickel 28 Capital Stock Up 2.5 %

The company’s 50 day moving average price is $0.56 and its 200-day moving average price is $0.53.

Nickel 28 Capital Company Profile

Nickel 28 Capital Corp. operates as a base metals company. The company holds interest in the Ramu Nickel-Cobalt operation located in Papua New Guinea. It also manages a portfolio of nickel and cobalt royalties on projects in Canada, Australia, and Papua New Guinea, including NSR royalty in the Dumont nickel project located in Quebec; and in the Turnagain nickel project located in British Columbia.