MGX Minerals (CNSX:XMG) Trading 15.9% Higher

Shares of MGX Minerals Inc (CNSX:XMG) traded up 15.9% on Monday . The company traded as high as C$0.26 and last traded at C$0.26. 178,831 shares were traded during mid-day trading, a decline of 24% from the average session volume of 235,874 shares. The stock had previously closed at C$0.22.

Separately, Fundamental Research assumed coverage on shares of MGX Minerals in a research report on Thursday, March 28th. They issued a “buy” rating and a $0.75 price objective on the stock.

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MGX Minerals Company Profile (CNSX:XMG)

MGX Minerals Inc engages in acquisition, exploration and development of mineral resource properties and industrial technologies. It explores for lithium, magnesium oxide, silicon, niobium-tantulum, and gold properties, as well as for oil and gas resources. It also owns, operates, and sells water treatment systems to the oil and gas industry.

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