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

Key Points

• Northern Superior Resources Inc. shares surged by 54.1% on Monday, reaching a last trade price of C$2.18, after closing at C$1.42 the previous day.
• Trading volume skyrocketed to approximately 13 million shares, an increase of 4,313% compared to its average daily volume.
• The company focuses on exploring gold, silver, and copper properties, primarily in Ontario and Québec, Canada, and has a market capitalization of C$377.29 million.

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

Northern Superior Resources Trading Up 54.1%

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 business has a 50-day moving average of C$1.38 and a 200 day moving average of C$0.99.

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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