Northern Superior Resources (CVE:SUP) Stock Price Up 54.4% - Should You Buy?

Key Points

• Northern Superior Resources Inc. stock experienced a significant increase, rising 54.4% to reach C$2.19, with a notable surge in trading volume, exceeding the average by 2,612%.
• The company focuses on the exploration of gold properties in Ontario and Québec, Canada, and also explores for silver and copper.
• With a market capitalization of C$377.29 million and a P/E ratio of -21.80, the stock's volatility is indicated by a beta of 2.58.

Northern Superior Resources Inc. (CVE:SUP - ) shares rose 54.4% during trading on Monday . The company traded as high as C$2.20 and last traded at C$2.19. Approximately 7,206,888 shares changed hands 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 business has a 50-day moving average price of C$1.38 and a 200 day moving average price of C$0.99. The stock has a market capitalization of C$377.29 million, a P/E ratio of -21.80 and a beta of 2.58.

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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