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

Key Points

• Northern Superior Resources Inc. saw its share price surge by 54.1% on Monday, reaching a high of C$2.23 before closing at C$2.18.
• The trading volume increased significantly, with approximately 13 million shares changing hands, representing a 4,287% increase from its average daily volume.
• The company specializes in gold exploration and has a market capitalization of C$377.29 million, reflecting its growth potential in the mining sector.

Northern Superior Resources Inc. (CVE:SUP - )'s share price rose 54.1% on Monday . The stock 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 Stock Performance

The company has a 50-day simple moving average of C$1.40 and a two-hundred day simple moving average of C$1.01. The firm has a market capitalization of C$377.29 million, a P/E 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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