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Northern Superior Resources (CVE:SUP) Shares Up 54.1% - Time to Buy?

Northern Superior Resources logo with Basic Materials background

Key Points

  • Northern Superior Resources shares surged by 54.1% during midday trading, reaching a high of C$2.23, significantly up from the previous close of C$1.42.
  • Trading volume increased drastically, with over 13 million shares traded, representing a 4,287% rise from the average session volume.
  • The company's market capitalization is C$377.29 million and has a PE ratio of -21.80, indicating it is in an exploration stage in the mining sector.
  • Five stocks to consider instead of Northern Superior Resources.

Northern Superior Resources Inc. (CVE:SUP - Get Free Report)'s stock price shot up 54.1% during mid-day trading on Monday . The stock traded as high as C$2.23 and last traded at C$2.18. 13,039,351 shares were traded during 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 Price Performance

The company has a 50-day simple moving average of C$1.40 and a 200-day simple moving average of C$1.01. The firm has a market cap of C$377.29 million, a PE ratio of -21.80 and a beta of 2.58.

About Northern Superior Resources

(Get Free Report)

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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