Northern Superior Resources (CVE:SUP) Stock Price Up 54.4% - What's Next?

Key Points

• Northern Superior Resources Inc. (CVE:SUP) saw its stock price surge by 54.4% on a single day, reaching a high of C$2.20 before closing at C$2.19.
• The trading volume for the stock increased by 2,612% from the average, with over 7.2 million shares traded.
• The company specializes in exploring gold properties in Ontario and Québec and has a market cap of C$377.29 million.

Northern Superior Resources Inc. (CVE:SUP - )'s stock price shot up 54.4% on Monday . The stock traded as high as C$2.20 and last traded at C$2.19. 7,206,888 shares traded hands during trading, an increase of 2,612% from the average session volume of 265,732 shares. The stock had previously closed at C$1.42.

Northern Superior Resources Stock Performance

The firm's 50 day simple moving average is C$1.38 and its 200-day simple moving average is C$0.99. The company has a market cap of C$377.29 million, a price-to-earnings 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.