Northern Superior Resources (CVE:SUP) Trading 48.8% Higher - Here's Why

Key Points

• Northern Superior Resources Inc. increased its stock price by 48.8% during mid-day trading, reaching C$2.11.
• Trading volume surged to approximately 4,850,371 shares, marking a 1,892% increase over the average daily volume.
• The company, focused on mining exploration for gold, silver, and copper in Ontario and Quebec, has a current market cap of C$377.29 million.

Northern Superior Resources Inc. (CVE:SUP - ) rose 48.8% during mid-day trading on Monday . The company traded as high as C$2.11 and last traded at C$2.11. Approximately 4,850,371 shares traded hands during trading, an increase of 1,892% from the average daily volume of 243,500 shares. The stock had previously closed at C$1.42.

Northern Superior Resources Trading Up 54.1%

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. The firm's fifty day moving average price is C$1.38 and its 200-day moving average price is C$0.99.

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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