Northern Superior Resources (CVE:SUP) Trading 52.7% Higher - Time to Buy?

Key Points

• Northern Superior Resources Inc. saw its stock price surge 52.7% on Monday, closing at C$2.16 after reaching a high of C$2.23.
• Trading volume increased dramatically to 11,585,805 shares, which is a 3,929% rise from the average session volume.
• The company's market capitalization stands at C$377.29 million, with a PE ratio of -21.80, indicative of its exploration stage in the mining sector.

Northern Superior Resources Inc. (CVE:SUP - )'s stock price traded up 52.7% on Monday . The company traded as high as C$2.23 and last traded at C$2.16. 11,585,805 shares traded hands during mid-day trading, an increase of 3,929% from the average session volume of 287,527 shares. The stock had previously closed at C$1.42.

Northern Superior Resources Stock Performance

The stock's 50-day moving average price is C$1.38 and its two-hundred day moving average price is C$0.99. The stock has a market capitalization of C$377.29 million, a PE 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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