Northern Superior Resources (CVE:SUP) Stock Price Up 54.1% - Here's What Happened

Key Points

• Northern Superior Resources Inc. saw its stock price increase by 54.1% during mid-day trading, reaching a high of C$2.23 before closing at C$2.18.
• Trading volume surged to approximately 13 million shares, a dramatic increase of 4,287% from its average daily volume.
• The company specializes in gold exploration and has a market capitalization of C$377.29 million with a current P/E ratio of -21.80.

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

Northern Superior Resources Trading Up 54.1%

The company has a market cap of C$377.29 million, a P/E ratio of -21.80 and a beta of 2.58. The firm's 50 day moving average price is C$1.40 and its 200-day moving average price is C$1.01.

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.