NorthIsle Copper and Gold (CVE:NCX) Trading 12.6% Higher - Time to Buy?

Key Points

• NorthIsle Copper and Gold Inc. experienced a significant stock price increase of 12.6% on Monday, trading as high as C$1.52 after closing at C$1.35.
• The company's market capitalization is approximately C$449.37 million, with a P/E ratio of -30.80 and a debt-to-equity ratio of 1.50.
• NorthIsle focuses on the exploration and development of mineral resources in Canada, particularly at its principal North Island project in British Columbia.

NorthIsle Copper and Gold Inc. (CVE:NCX - Get Free Report)'s stock price shot up 12.6% during trading on Monday . The stock traded as high as C$1.52 and last traded at C$1.52. 399,518 shares changed hands during trading, an increase of 39% from the average session volume of 288,451 shares. The stock had previously closed at C$1.35.

NorthIsle Copper and Gold Stock Performance

The stock has a market capitalization of C$466.88 million, a price-to-earnings ratio of -32.00 and a beta of 1.40. The company's 50 day moving average is C$1.25 and its 200 day moving average is C$0.98. The company has a debt-to-equity ratio of 1.50, a quick ratio of 65.21 and a current ratio of 2.03.

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.