Northern Superior Resources (CVE:SUP) Stock Price Up 54.1% - Should You Buy?

Key Points

• Northern Superior Resources Inc. (CVE:SUP) saw a significant stock price increase of 54.1%, trading as high as C$2.23 after previously closing at C$1.42.
• During trading, the company experienced an unusual volume surge, with approximately 13 million shares changing hands, marking a 4,287% increase from its average daily volume.
• The company operates as a junior mining firm focused on the exploration of gold, silver, and copper properties in Ontario and Québec, Canada.

Shares of Northern Superior Resources Inc. (CVE:SUP - ) rose 54.1% during trading on Monday . The company 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 Price Performance

The stock has a market cap of C$377.29 million, a P/E ratio of -21.80 and a beta of 2.58. The business's fifty 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.

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