Nevada Copper (TSE:NCU) Shares Up 4.5%

Nevada Copper Corp. (TSE:NCUGet Free Report)’s share price shot up 4.5% on Friday . The stock traded as high as C$0.12 and last traded at C$0.12. 62,217 shares changed hands during mid-day trading, a decline of 82% from the average session volume of 344,840 shares. The stock had previously closed at C$0.11.

Nevada Copper Stock Performance

The stock has a market capitalization of C$175 million, a P/E ratio of -1.64 and a beta of 2.64. The company has a debt-to-equity ratio of 80.94, a quick ratio of 0.01 and a current ratio of 0.23. The company’s fifty day simple moving average is C$0.08 and its two-hundred day simple moving average is C$0.12.

Nevada Copper Company Profile

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Nevada Copper Corp. engages in the exploration, development, and operation of mineral properties in Nevada. The company explores for copper, iron magnetite, gold, and silver ores. It holds 100% interests in the Pumpkin Hollow property that consist of approximately 24,300 acres of contiguous mineral rights located in northwestern Nevada, the United States.

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