NorthIsle Copper and Gold (CVE:NCX) Trading 0.3% Higher - Here's What Happened

Key Points

• Price action: NorthIsle traded up 0.3% to C$2.90 (intraday high C$2.95) on Friday with 189,944 shares changing hands, a 74% decline from its average session volume.
• Key financials: The stock has a market cap of C$961.94M, a negative P/E (-58.00), a beta of 1.55, and unusually high liquidity metrics (quick ratio 65.21, current ratio 6.58) with a debt-to-equity of 1.10.
• Business profile: NorthIsle is a junior resources company developing the ~34,000-hectare North Island project on Northern Vancouver Island, exploring for copper, gold, molybdenum and rhenium.

NorthIsle Copper and Gold Inc. (CVE:NCX - ) traded up 0.3% during trading on Friday . The company traded as high as C$2.95 and last traded at C$2.90. 189,944 shares were traded during mid-day trading, a decline of 74% from the average session volume of 733,578 shares. The stock had previously closed at C$2.89.

NorthIsle Copper and Gold Trading Up 0.3%

The stock has a market capitalization of C$961.94 million, a price-to-earnings ratio of -58.00 and a beta of 1.55. The company's 50-day moving average is C$3.02 and its 200-day moving average is C$2.58. The company has a quick ratio of 65.21, a current ratio of 6.58 and a debt-to-equity ratio of 1.10.

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

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