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Novo Resources drops 4.0% weakening below moving average price Wednesday August 28, 2019 17:00 EDT

Aug 28, 2019 - News Bites Canadian Markets
Financial Results


Novo Resources Corp. (TSXV:NVO), Canada's 70th largest Metals & mining company by market cap, has dropped 10.0c (4.0%) from its previous trading session to close at CAD2.42. Compared with the S&P/TSX 60 Index which rose 4.8 points (0.5%) in the day, the relative price change was -4.5%. The fall was exacerbated by firm volume of 1.3 times the average daily volume of 228,418 shares. The 200-day Moving Average Price (MAP) is CAD3.02, down from CAD3.02 on Tuesday. T...