NorthIsle Copper and Gold (CVE:NCX) Trading 0.8% Higher - Should You Buy?

NorthIsle Copper and Gold Inc. (CVE:NCX - Get Free Report)'s stock price was up 0.8% during mid-day trading 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.

Wall Street Analysts Forecast Growth

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

NorthIsle Copper and Gold Price Performance

The company has a current ratio of 2.03, a quick ratio of 65.21 and a debt-to-equity ratio of 1.50. The firm has a market cap of C$285.51 million, a price-to-earnings ratio of -29.04 and a beta of 2.20. The company's 50-day moving average is C$0.99 and its 200-day moving average is C$0.73.

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.