NorthIsle Copper and Gold (CVE:NCX) Trading Up 7% – Should You Buy?

NorthIsle Copper and Gold Inc. (CVE:NCXGet Free Report)’s share price traded up 7% on Wednesday . The company traded as high as C$0.62 and last traded at C$0.61. 1,104,157 shares changed hands during mid-day trading, an increase of 760% from the average session volume of 128,383 shares. The stock had previously closed at C$0.57.

NorthIsle Copper and Gold Price Performance

The business’s fifty day simple moving average is C$0.45 and its 200-day simple moving average is C$0.46. The company has a current ratio of 2.03, a quick ratio of 65.21 and a debt-to-equity ratio of 1.50. The firm has a market cap of C$156.90 million, a P/E ratio of -15.96 and a beta of 2.20.

About NorthIsle Copper and Gold

(Get Free Report)

NorthIsle Copper and Gold Inc, a junior resources company, engages in the exploration, development, and acquisition of mineral resource properties in Canada. The company explores for copper, gold, molybdenum, and rhenium deposits. Its principal property is the North Island project consisting of approximately 34,000 hectares located on Northern Vancouver Island, British Columbia.

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