NuLegacy Gold (OTCMKTS:NULGF) Stock Jumps 28.5% – Should You Buy?

NuLegacy Gold Co. (OTCMKTS:NULGF – Get Free Report) traded up 28.5% on Thursday. The company traded as high as $0.2184 and last traded at $0.2184. 400 shares were traded during mid-day trading, a decline of 82% from the average session volume of 2,234 shares. The stock had previously closed at $0.17.

NuLegacy Gold Trading Up 28.5%

The firm has a fifty day moving average of $0.20 and a two-hundred day moving average of $0.27.

About NuLegacy Gold

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NuLegacy Gold Corp. is an exploration-stage mineral company focused on discovering gold deposits in Nevada. The company’s activities include acquiring, evaluating and advancing prospective mineral properties rather than mining or producing gold.

NuLegacy’s principal asset is the Red Hill property in central Nevada’s Cortez gold trend, a prolific mining district known for Carlin-type gold deposits. The company has focused its exploration program on identifying and evaluating gold-bearing zones through geological mapping, geochemical and geophysical surveys, and drilling.

The company’s operations are concentrated in Nevada, and its exploration results, permitting activities and access to capital are important factors in the advancement of its projects.

Further Reading

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