Northern Superior Resources (CVE:SUP) Shares Up 52.7% - Here's Why

Key Points

• Northern Superior Resources Inc. reported a significant stock price increase of 52.7%, reaching a last traded price of C$2.16.
• Trading volume surged to 10,495,710 shares, a dramatic rise of 3,602% compared to its average session volume.
• The company operates as an exploration stage junior mining firm focused on gold, silver, and copper properties in Ontario and Québec, Canada.

Northern Superior Resources Inc. (CVE:SUP - )'s stock price shot up 52.7% on Monday . The company traded as high as C$2.23 and last traded at C$2.16. 10,495,710 shares were traded during mid-day trading, an increase of 3,602% from the average session volume of 283,505 shares. The stock had previously closed at C$1.42.

Northern Superior Resources Stock Performance

The stock has a 50-day moving average of C$1.38 and a two-hundred day moving average of C$0.99. The company has a market cap of C$377.29 million, a P/E 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.