Northern Superior Resources (CVE:SUP) Trading 54.1% Higher - Should You Buy?

Key Points

• Northern Superior Resources Inc. shares surged 54.1% to close at C$2.18, significantly exceeding the average trading volume by 4,313% with over 13 million shares exchanged.
• The company, which focuses on gold, silver, and copper exploration in Ontario and Québec, has a market cap of C$377.29 million and a P/E ratio of -21.80.
• The stock's 50-day moving average price is C$1.38, indicating a strong upward trend compared to its previous closed value at C$1.42.

Northern Superior Resources Inc. (CVE:SUP - ) shares traded up 54.1% during trading on Monday . The company traded as high as C$2.23 and last traded at C$2.18. 13,039,351 shares traded hands during mid-day trading, an increase of 4,313% from the average session volume of 295,488 shares. The stock had previously closed at C$1.42.

Northern Superior Resources Stock Performance

The stock has a 50 day moving average price of C$1.38 and a 200 day moving average price of C$0.99. The company has a market cap 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.

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.