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NorthIsle Copper and Gold (CVE:NCX) Stock Price Up 10.2% - Here's What Happened

NorthIsle Copper and Gold logo with Basic Materials background

Key Points

  • NorthIsle Copper and Gold's stock price surged by 10.2% to close at C$1.46, significantly increasing trading volume to 646,919 shares.
  • The company has a market cap of C$424.57 million and a PE ratio of -29.10, indicating a challenging profitability scenario.
  • NorthIsle Copper and Gold focuses on exploration and development of mineral resources, primarily copper and gold in Canada, with its main project located on Northern Vancouver Island.
  • Interested in NorthIsle Copper and Gold? Here are five stocks we like better.

NorthIsle Copper and Gold Inc. (CVE:NCX - Get Free Report) shares shot up 10.2% on Monday . The stock traded as high as C$1.48 and last traded at C$1.46. 646,919 shares changed hands during mid-day trading, an increase of 106% from the average session volume of 313,900 shares. The stock had previously closed at C$1.32.

NorthIsle Copper and Gold Trading Up 10.2%

The firm has a fifty day moving average of C$1.38 and a two-hundred day moving average of C$1.12. The company has a market cap of C$424.57 million, a PE ratio of -29.10 and a beta of 1.42. The company has a current ratio of 2.03, a quick ratio of 65.21 and a debt-to-equity ratio of 1.50.

NorthIsle Copper and Gold Company Profile

(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.

Further Reading

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