NorthIsle Copper and Gold (CVE:NCX) Shares Down 1.1% – Should You Sell?

NorthIsle Copper and Gold Inc. (CVE:NCX) shares fell 1.1% during mid-day trading on Tuesday . The stock traded as low as C$2.66 and last traded at C$2.79. 616,322 shares traded hands during mid-day trading, a decline of 18% from the average session volume of 748,277 shares. The stock had previously closed at C$2.82.

NorthIsle Copper and Gold Stock Performance

The company has a fifty day moving average of C$2.82 and a two-hundred day moving average of C$2.00. The stock has a market capitalization of C$814.14 million, a P/E ratio of -69.75 and a beta of 1.66. The company has a debt-to-equity ratio of 1.50, a current ratio of 2.03 and a quick ratio of 65.21.

Insider Activity at NorthIsle Copper and Gold

In related news, insider Samuel Lee sold 69,000 shares of the stock in a transaction dated Friday, December 19th. The shares were sold at an average price of C$2.64, for a total transaction of C$182,160.00. Following the sale, the insider owned 7,614,105 shares in the company, valued at C$20,101,237.20. This represents a 0.90% decrease in their ownership of the stock. Company insiders own 13.96% of the company’s stock.

About NorthIsle Copper and Gold

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.