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

NorthIsle Copper and Gold logo with Basic Materials background

NorthIsle Copper and Gold Inc. (CVE:NCX - Get Free Report)'s stock price reached a new 52-week high during trading on Monday . The stock traded as high as C$1.27 and last traded at C$1.29, with a volume of 471393 shares trading hands. The stock had previously closed at C$1.18.

Wall Street Analyst Weigh In

Separately, Paradigm Capital set a C$1.45 price objective on shares of NorthIsle Copper and Gold and gave the company a "speculative buy" rating in a report on Tuesday, March 25th.

Check Out Our Latest Report on NCX

NorthIsle Copper and Gold Price Performance

The company's 50 day moving average is C$0.79 and its 200 day moving average is C$0.62. 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 firm has a market capitalization of C$295.80 million, a price-to-earnings ratio of -30.08 and a beta of 2.20.

Insider Buying and Selling

In related news, Senior Officer Nicholas Van Dyk sold 82,700 shares of the company's stock in a transaction that occurred on Wednesday, April 9th. The shares were sold at an average price of C$0.70, for a total transaction of C$57,890.00. 13.96% of the stock is currently owned by company insiders.

About NorthIsle Copper and Gold

(Get Free Report)

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.

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