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

Northern Superior Resources logo with Basic Materials background

Key Points

  • Northern Superior Resources Inc. stock surged by 54.1% on Monday, reaching a last traded price of C$2.18, following a substantial increase in trading volume.
  • The company's market capitalization is approximately C$377.29 million with a P/E ratio of -21.80, indicating a volatile investment in the exploration stage mining sector.
  • Northern Superior specializes in the exploration of gold properties in Ontario and Québec, and also explores for silver and copper resources.
  • Five stocks we like better than Northern Superior Resources.

Northern Superior Resources Inc. (CVE:SUP - Get Free Report) rose 54.1% on Monday . The company traded as high as C$2.23 and last traded at C$2.18. Approximately 13,039,351 shares were traded 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 Price Performance

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

Northern Superior Resources Company Profile

(Get Free Report)

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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