TSX:NGEXMetals and Mining
NGEx Minerals (TSX:NGEX): Assessing Valuation After Steep Q2 Losses and Surging Share Price
NGEx Minerals (TSX:NGEX) just released its second quarter and half-year results, and the numbers caught investors’ eyes. The company reported a jump in net loss to CA$21.39 million for Q2, almost three times last year’s figure. With losses deepening faster than many anticipated, those watching NGEx are left sifting through the new data to judge what has really changed about its future.
The market’s reaction has been anything but dull. Even with expanding losses, NGEx Minerals’ share price has...