NorthIsle Copper and Gold (CVE:NCX) Shares Up 19.6% – What’s Next?

NorthIsle Copper and Gold Inc. (CVE:NCX)’s share price shot up 19.6% during mid-day trading on Monday . The stock traded as high as C$3.30 and last traded at C$3.23. 623,203 shares traded hands during trading, a decline of 14% from the average session volume of 721,547 shares. The stock had previously closed at C$2.70.

NorthIsle Copper and Gold Stock Up 20.6%

The firm has a market capitalization of C$949.83 million, a price-to-earnings ratio of -81.38 and a beta of 1.66. The business’s 50-day moving average is C$2.85 and its two-hundred day moving average is C$2.03. The company has a debt-to-equity ratio of 1.50, a quick ratio of 65.21 and a current ratio of 2.03.

Insider Buying and Selling at NorthIsle Copper and Gold

In other news, insider Samuel Lee sold 69,000 shares of the business’s stock in a transaction on Friday, December 19th. The shares were sold at an average price of C$2.64, for a total value of C$182,160.00. Following the completion of the transaction, the insider owned 7,614,105 shares of the company’s stock, valued at C$20,101,237.20. The trade was a 0.90% decrease in their position. 13.96% of the stock is currently owned by corporate insiders.

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.