NorthIsle Copper and Gold (CVE:NCX) Sets New 12-Month High – Still a Buy?

NorthIsle Copper and Gold Inc. (CVE:NCX)’s share price hit a new 52-week high during mid-day trading on Friday . The company traded as high as C$0.77 and last traded at C$0.77, with a volume of 702795 shares trading hands. The stock had previously closed at C$0.70.

NorthIsle Copper and Gold Trading Up 12.9 %

The stock’s fifty day simple moving average is C$0.55 and its 200-day simple moving average is C$0.48. The company has a debt-to-equity ratio of 1.50, a current ratio of 2.03 and a quick ratio of 65.21. The firm has a market cap of C$203.20 million, a PE ratio of -20.67 and a beta of 2.20.

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.