Northern Superior Resources (CVE:SUP) Stock Price Up 54.4% - Here's Why

Key Points

• Northern Superior Resources Inc. experienced a significant stock price surge of 54.4%, trading as high as C$2.20, after closing at C$1.42.
• During mid-day trading, approximately 7.2 million shares changed hands, marking a 2,612% increase in trading volume compared to its average.
• The company, which focuses on gold exploration in Ontario and Québec, has a market capitalization of C$377.29 million and a P/E ratio of -21.80.

Shares of Northern Superior Resources Inc. (CVE:SUP - ) rose 54.4% during mid-day trading on Monday . The company traded as high as C$2.20 and last traded at C$2.19. Approximately 7,206,888 shares were traded during mid-day trading, an increase of 2,612% from the average daily volume of 265,732 shares. The stock had previously closed at C$1.42.

Northern Superior Resources Stock Performance

The firm has a market capitalization of C$377.29 million, a P/E ratio of -21.80 and a beta of 2.58. The business has a fifty day moving average of C$1.38 and a 200-day moving average of C$0.99.

Northern Superior Resources Company Profile

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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