Northern Superior Resources (CVE:SUP) Shares Up 54.1% - Still a Buy?

Key Points

• Northern Superior Resources Inc.'s stock surged by 54.1% during trading, with shares reaching a high of C$2.23 before closing at C$2.18.
• The trading volume increased significantly to 13,039,351 shares, marking a rise of 4,287% over the average session volume of 297,244 shares.
• The company is an exploration stage junior mining company focused on identifying and exploring gold properties in Ontario and Québec, while also exploring for silver and copper.

Northern Superior Resources Inc. (CVE:SUP - )'s stock price shot up 54.1% during trading on Monday . The stock traded as high as C$2.23 and last traded at C$2.18. 13,039,351 shares changed hands during mid-day trading, an increase of 4,287% from the average session volume of 297,244 shares. The stock had previously closed at C$1.42.

Northern Superior Resources Stock Performance

The company's 50 day moving average is C$1.40 and its 200 day moving average is C$1.01. The firm 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.

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