Ventum Capital Reiterates C$5.50 Price Target for NorthIsle Copper and Gold (CVE:NCX)

NorthIsle Copper and Gold (CVE:NCX) has been given a C$5.50 target price by stock analysts at Ventum Capital in a report released on Thursday,BayStreet.CA reports. The brokerage presently has a “buy” rating on the stock. Ventum Capital’s price objective would indicate a potential upside of 89.66% from the stock’s previous close.

NorthIsle Copper and Gold Stock Down 0.3%

Shares of NorthIsle Copper and Gold stock traded down C$0.01 during midday trading on Thursday, hitting C$2.90. The company had a trading volume of 369,124 shares, compared to its average volume of 677,174. The company has a debt-to-equity ratio of 1.10, a quick ratio of 65.21 and a current ratio of 6.58. The stock has a market capitalization of C$962.97 million, a P/E ratio of -41.43 and a beta of 1.62. The company has a 50 day moving average of C$2.96 and a 200 day moving average of C$2.76. NorthIsle Copper and Gold has a 52-week low of C$0.88 and a 52-week high of C$3.55.

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.