NorthIsle Copper and Gold (CVE:NCX) Trading Up 0.8% - Time to Buy?

NorthIsle Copper and Gold Inc. (CVE:NCX - Get Free Report) rose 0.8% on Monday . The company traded as high as C$1.21 and last traded at C$1.20. Approximately 521,250 shares traded hands during trading, an increase of 111% from the average daily volume of 247,065 shares. The stock had previously closed at C$1.19.

Analysts Set New Price Targets

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 1.8%

The company has a debt-to-equity ratio of 1.50, a quick ratio of 65.21 and a current ratio of 2.03. The company has a 50 day simple moving average of C$0.98 and a two-hundred day simple moving average of C$0.72. The firm has a market cap of C$285.51 million, a PE ratio of -29.04 and a beta of 2.20.

About NorthIsle Copper and Gold

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.