NorthIsle Copper and Gold (CVE:NCX) Hits New 52-Week High – Still a Buy?

Shares of NorthIsle Copper and Gold Inc. (CVE:NCX) hit a new 52-week high on Monday . The company traded as high as C$1.38 and last traded at C$1.31, with a volume of 518558 shares. The stock had previously closed at C$1.28.

Analyst Ratings Changes

Separately, Paradigm Capital set a C$1.45 price target on NorthIsle Copper and Gold and gave the stock a “speculative buy” rating in a report on Tuesday, March 25th.

NorthIsle Copper and Gold Price Performance

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 capitalization of C$334.38 million, a price-to-earnings ratio of -34.01 and a beta of 2.20. The business’s fifty day simple moving average is C$0.81 and its 200 day simple moving average is C$0.63.

Insider Buying and Selling at NorthIsle Copper and Gold

In related news, Senior Officer Nicholas Van Dyk sold 82,700 shares of the company’s stock in a transaction on Wednesday, April 9th. The stock was sold at an average price of C$0.70, for a total transaction of C$57,890.00. Insiders own 13.96% of the company’s stock.

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.