Northern Superior Resources (CVE:SUP) Trading Up 54.1% - Still a Buy?

Key Points

• Northern Superior Resources Inc.'s shares surged by 54.1% during mid-day trading, climbing from a previous close of C$1.42 to C$2.18.
• The company experienced a trading volume increase of 4,287% with over 13 million shares exchanged, compared to its average volume of approximately 297,244 shares.
• Northern Superior Resources is a junior mining company focused on the exploration of gold, silver, and copper properties in Ontario and Québec, Canada.

Northern Superior Resources Inc. (CVE:SUP - ) shares traded up 54.1% on Monday . The stock traded as high as C$2.23 and last traded at C$2.18. 13,039,351 shares changed hands 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 Performance

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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