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

Key Points

• Northern Superior Resources Inc. shares surged by 54.1% on Tuesday, reaching a price of C$2.18 from a previous close of C$1.42.
• Trading volume increased significantly, with approximately 13 million shares changing hands, marking a 4,287% rise from the average daily volume.
• The company is focused on the exploration of gold, silver, and copper properties in Ontario and Québec, Canada, and has a market cap of C$377.29 million.

Shares of Northern Superior Resources Inc. (CVE:SUP - ) traded up 54.1% during mid-day trading on Tuesday . The company traded as high as C$2.23 and last traded at C$2.18. 13,039,351 shares were traded during trading, an increase of 4,287% from the average session volume of 297,244 shares. The stock had previously closed at C$1.42.

Northern Superior Resources Stock Up 54.1%

The stock's 50-day moving average price is C$1.40 and its 200-day moving average price is C$1.01. The company has a market capitalization of C$377.29 million, a price-to-earnings ratio of -21.80 and a beta of 2.58.

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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