NorthIsle Copper and Gold (CVE:NCX) Hits New 12-Month High - Should You Buy?

Key Points

• NorthIsle Copper and Gold Inc. (CVE:NCX) reached a new 52-week high of C$1.73 during trading, closing at C$1.64.
• The company has a market cap of C$475.63 million and a debt-to-equity ratio of 1.50, indicating significant leverage.
• NorthIsle Copper and Gold focuses on the exploration and development of mineral resources, particularly in copper and gold, with its principal property located on Northern Vancouver Island.

NorthIsle Copper and Gold Inc. (CVE:NCX - Get Free Report)'s stock price hit a new 52-week high during trading on Tuesday . The stock traded as high as C$1.73 and last traded at C$1.64, with a volume of 946678 shares traded. The stock had previously closed at C$1.56.

NorthIsle Copper and Gold Price Performance

The company has a market capitalization of C$466.88 million, a price-to-earnings ratio of -32.00 and a beta of 1.40. The company has a quick ratio of 65.21, a current ratio of 2.03 and a debt-to-equity ratio of 1.50. The company has a 50 day simple moving average of C$1.25 and a 200 day simple moving average of C$0.98.

NorthIsle Copper and Gold Company Profile

NorthIsle Copper and Gold Inc, a junior resources company, engages in the exploration, development, and acquisition of mineral resource properties in Canada. The company explores for copper, gold, molybdenum, and rhenium deposits. Its principal property is the North Island project consisting of approximately 34,000 hectares located on Northern Vancouver Island, British Columbia.