Nevada Copper (TSE:NCU) Shares Up 16.7%

Nevada Copper Corp. (TSE:NCU - Get Free Report) traded up 16.7% during mid-day trading on Monday . The stock traded as high as C$0.11 and last traded at C$0.11. 123,463 shares traded hands during trading, a decline of 65% from the average session volume of 349,417 shares. The stock had previously closed at C$0.09.

Nevada Copper Price Performance

The company's 50 day moving average price is C$0.09 and its 200-day moving average price is C$0.11. The company has a market capitalization of C$154 million, a PE ratio of -1.57 and a beta of 2.64. The company has a current ratio of 0.23, a quick ratio of 0.01 and a debt-to-equity ratio of 80.94.

Nevada Copper (TSE:NCU - Get Free Report) last announced its quarterly earnings results on Tuesday, April 2nd. The mining company reported C($0.01) earnings per share for the quarter. The company had revenue of C$6.22 million for the quarter. On average, sell-side analysts forecast that Nevada Copper Corp. will post 0.0235849 earnings per share for the current fiscal year.

About Nevada Copper

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Nevada Copper Corp. engages in the exploration, development, and operation of mineral properties in Nevada. The company explores for copper, gold, silver and iron magnetite ores. It holds 100% interests in the Pumpkin Hollow Copper property that consist of approximately 28.8 square-mile land patented claims located in Yerington, Nevada.

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