Northern Superior Resources (CVE:SUP) Stock Price Up 2% – Still a Buy?

Northern Superior Resources Inc. (CVE:SUP)’s share price rose 2% on Monday . The company traded as high as C$0.53 and last traded at C$0.51. Approximately 198,608 shares traded hands during mid-day trading, an increase of 87% from the average daily volume of 106,342 shares. The stock had previously closed at C$0.50.

Analyst Upgrades and Downgrades

Separately, Cormark set a C$1.50 price target on shares of Northern Superior Resources and gave the company a “buy” rating in a report on Wednesday, July 10th.

Northern Superior Resources Price Performance

The business’s 50-day simple moving average is C$0.52 and its 200-day simple moving average is C$0.57. The stock has a market cap of C$82.58 million, a PE ratio of -25.00 and a beta of 2.29. The company has a quick ratio of 2.15, a current ratio of 26.17 and a debt-to-equity ratio of 0.15.

Northern Superior Resources Company Profile

Northern Superior Resources Inc, an exploration stage junior mining company, engages in the identification, acquisition, evaluation, and exploration of gold properties in Ontario and Québec, Canada. The company explores for silver and copper. The company is headquartered in Toronto, Canada.