NorthIsle Copper and Gold (CVE:NCX) Sets New 52-Week High - Time to Buy?

NorthIsle Copper and Gold Inc. (CVE:NCX - Get Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$0.89 and last traded at C$0.89, with a volume of 253288 shares changing hands. The stock had previously closed at C$0.85.

Analyst Ratings Changes

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

NorthIsle Copper and Gold Trading Down 1.1%

The company has a market capitalization of C$236.64 million, a price-to-earnings ratio of -24.07 and a beta of 2.20. The company has a debt-to-equity ratio of 1.50, a current ratio of 2.03 and a quick ratio of 65.21. The business's 50-day moving average price is C$0.73 and its two-hundred day moving average price is C$0.58.

Insider Buying and Selling

In other news, Senior Officer Nicholas Van Dyk sold 82,700 shares of the stock in a transaction dated 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 insiders.

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.