Northern Superior Resources (CVE:SUP) Trading Up 52.7% - Still a Buy?

Key Points

• Northern Superior Resources Inc. (CVE:SUP) shares surged by 52.7% on Monday, closing at C$2.16 after previously closing at C$1.42.
• The trading volume skyrocketed by 3,295% to approximately 9.4 million shares, compared to the average daily volume of 276,706 shares.
• The company, which has a market capitalization of C$377.29 million, focuses on the exploration of gold, silver, and copper properties in Ontario and Québec, Canada.

Northern Superior Resources Inc. (CVE:SUP - )'s share price was up 52.7% on Monday . The company traded as high as C$2.23 and last traded at C$2.16. Approximately 9,394,739 shares changed hands during trading, an increase of 3,295% from the average daily volume of 276,706 shares. The stock had previously closed at C$1.42.

Northern Superior Resources Price Performance

The firm has a market capitalization of C$377.29 million, a P/E ratio of -21.80 and a beta of 2.58. The company's 50-day simple moving average is C$1.38 and its two-hundred day simple moving average 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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