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Northern Superior Resources (CVE:SUP) Trading 54.1% Higher - Time to Buy?

Northern Superior Resources logo with Basic Materials background

Key Points

  • Northern Superior Resources Inc. (CVE:SUP) experienced a significant stock increase of 54.1% on Tuesday, with the price rising to C$2.23.
  • Trading volume surged to approximately 13 million shares amidst a sharp rise from the usual average of 297,244 shares.
  • The company's market capitalization stands at C$377.29 million, with a negative PE ratio of -21.80.
  • Five stocks we like better than Northern Superior Resources.

Northern Superior Resources Inc. (CVE:SUP - Get Free Report)'s stock price rose 54.1% on Tuesday . The company traded as high as C$2.23 and last traded at C$2.18. Approximately 13,039,351 shares traded hands during trading, an increase of 4,287% from the average daily volume of 297,244 shares. The stock had previously closed at C$1.42.

Northern Superior Resources Stock Performance

The stock's 50 day moving average is C$1.40 and its 200 day moving average is C$1.01. The company 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

(Get Free Report)

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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