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

Key Points

• Northern Superior Resources Inc. saw its stock price surge 54.1% during mid-day trading, reaching a peak of C$2.23 before closing at C$2.18.
• Trading volume significantly increased, with approximately 13 million shares changing hands, marking a 4,287% rise from the average daily volume.
• The company, headquartered in Toronto, specializes in the exploration of gold, silver, and copper properties in Ontario and Québec, Canada.

Northern Superior Resources Inc. (CVE:SUP - )'s stock price rose 54.1% during mid-day trading on Tuesday . The company traded as high as C$2.23 and last traded at C$2.18. Approximately 13,039,351 shares changed hands during 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 firm has a market cap of C$377.29 million, a price-to-earnings ratio of -21.80 and a beta of 2.58. The stock has a 50-day moving average of C$1.40 and a 200-day moving average of 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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