NorthIsle Copper and Gold (CVE:NCX) Stock Price Up 0.9% - What's Next?

Key Points

• Shares rose 0.9% to C$3.29 (intraday high C$3.34) on Friday, but trading volume was light at 210,213 shares, down about 74% from the average session volume.
• The company shows extremely strong liquidity (quick ratio 65.21, current ratio 7.68) and low leverage (debt/equity 0.30), with a market cap of C$1.09 billion and a negative P/E of -82.25.
• NorthIsle is a junior resources explorer focused on copper, gold, molybdenum and rhenium, centered on the ~34,000-hectare North Island project on Northern Vancouver Island, BC.

NorthIsle Copper and Gold Inc. (CVE:NCX - )'s share price traded up 0.9% on Friday . The stock traded as high as C$3.34 and last traded at C$3.29. 210,213 shares were traded during mid-day trading, a decline of 74% from the average session volume of 817,321 shares. The stock had previously closed at C$3.26.

NorthIsle Copper and Gold Trading Up 0.9%

The company has a quick ratio of 65.21, a current ratio of 7.68 and a debt-to-equity ratio of 0.30. The company has a market cap of C$1.09 billion, a P/E ratio of -82.25 and a beta of 1.55. The firm's 50 day moving average is C$2.96 and its two-hundred day moving average is C$2.42.

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. The company was incorporated in 2011 and is headquartered in Vancouver, Canada.

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