Northern Superior Resources (CVE:SUP) Stock Price Up 52.7% - Here's What Happened

Key Points

• Northern Superior Resources Inc. saw its stock price surge by 52.7% during mid-day trading, reaching a high of C$2.23.
• Trading volume increased significantly to approximately 10,495,710 shares, reflecting a rise of 3,602% from the average daily trading volume.
• The company, focusing on the exploration of gold, silver, and copper properties in Ontario and Québec, has a market cap of C$377.29 million.

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

Northern Superior Resources Stock Performance

The company has a market cap of C$377.29 million, a PE ratio of -21.80 and a beta of 2.58. The stock's 50 day moving average price is C$1.38 and its 200-day moving average price is C$0.99.

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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