Northern Superior Resources (CVE:SUP) Shares Up 48.8% - What's Next?

Key Points

• Northern Superior Resources Inc. experienced a significant stock price surge of 48.8%, reaching C$2.11 during mid-day trading on Monday.
• The trading volume increased dramatically to approximately 4.85 million shares, a rise of 1,892% compared to the average daily volume of 243,500 shares.
• The company, headquartered in Toronto, focuses on the exploration of gold, silver, and copper properties in Ontario and Québec, Canada.

Northern Superior Resources Inc. (CVE:SUP - ) rose 48.8% during mid-day trading on Monday . The stock traded as high as C$2.11 and last traded at C$2.11. Approximately 4,850,371 shares were traded during mid-day trading, an increase of 1,892% from the average daily volume of 243,500 shares. The stock had previously closed at C$1.42.

Northern Superior Resources Stock Performance

The company has a 50 day moving average of C$1.38 and a 200 day moving average of C$0.99. The stock has a market capitalization of C$377.29 million, a price-to-earnings ratio of -21.80 and a beta of 2.58.

About Northern Superior Resources

Northern Superior Resources Inc, an exploration stage junior mining company, engages in the identification, acquisition, evaluation, and exploration of gold properties in Ontario and Québec, Canada. The company explores for silver and copper. The company is headquartered in Toronto, Canada.

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