Northern Superior Resources (CVE:SUP) Stock Price Up 52.7% - Still a Buy?

Key Points

• Northern Superior Resources Inc. saw a significant stock price increase of 52.7% in one day, closing at C$2.16 after trading as high as C$2.23.
• The company experienced a surge in trading volume with approximately 11.6 million shares changing hands, which is a 3,929% increase from its average daily volume.
• Northern Superior Resources is focused on the exploration of gold, silver, and copper properties primarily in Ontario and Québec, Canada.

Northern Superior Resources Inc. (CVE:SUP - )'s share price rose 52.7% during trading on Monday . The company traded as high as C$2.23 and last traded at C$2.16. Approximately 11,585,805 shares were traded during trading, an increase of 3,929% from the average daily volume of 287,527 shares. The stock had previously closed at C$1.42.

Northern Superior Resources Trading Up 54.1%

The business has a fifty day moving average of C$1.38 and a 200 day moving average of C$0.99. The company has a market capitalization of C$377.29 million, a PE 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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