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

Shares of NorthIsle Copper and Gold Inc. (CVE:NCX) hit a new 52-week high during trading on Thursday . The stock traded as high as C$3.32 and last traded at C$3.30, with a volume of 358770 shares. The stock had previously closed at C$3.09.

NorthIsle Copper and Gold Stock Performance

The company’s fifty day simple moving average is C$2.45 and its two-hundred day simple moving average is C$1.76. The company has a debt-to-equity ratio of 1.50, a quick ratio of 65.21 and a current ratio of 2.03. The stock has a market capitalization of C$971.72 million, a P/E ratio of -83.25 and a beta of 1.69.

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.