Labrador Gold Corp. (OTC:NKOSF – Get Rating)'s stock price was up 9.3% during trading on Wednesday . The stock traded as high as C$0.21 and last traded at C$0.21. Approximately 137,020 shares traded hands during trading, an increase of 64% from the average daily volume of 83,771 shares. The stock had previously closed at C$0.19.

Analysts Set New Price Targets

Separately, Noble Financial started coverage on Labrador Gold in a research note on Friday, January 13th. They set a "buy" rating and a $0.55 price target on the stock.

Labrador Gold Stock Performance

The company has a 50 day moving average price of C$0.21 and a 200 day moving average price of C$0.22.

Labrador Gold Company Profile

(Get Rating)

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.

Featured Articles

• Jack in the Box Pops On Tasty Results, Robust Outlook
• How Low Can Lowe's Companies Go?
• Ambarella: An AI Play In The Making
• Terran Orbital's New $2.4 Billion Contract is a Game Changer
• Wendy's Price Firms After Sizzling Quarter And Juicy Outlook

Receive News & Ratings for Labrador Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Labrador Gold and related companies with MarketBeat.com's FREE daily email newsletter.