Surge Battery Metals (OTCMKTS:NILIF) Stock Price Down 6.3% – Here’s What Happened

Surge Battery Metals Inc. (OTCMKTS:NILIF)’s share price traded down 6.3% during mid-day trading on Tuesday . The stock traded as low as $0.4902 and last traded at $0.5007. Approximately 80,950 shares changed hands during trading, a decline of 70% from the average daily volume of 266,654 shares. The stock had previously closed at $0.5343.

Surge Battery Metals Stock Performance

The stock’s 50 day simple moving average is $0.50 and its 200 day simple moving average is $0.51. The firm has a market cap of $134.30 million, a PE ratio of -13.25 and a beta of 1.42.

Surge Battery Metals (OTCMKTS:NILIF) last posted its quarterly earnings data on Tuesday, May 26th. The company reported ($0.01) earnings per share for the quarter, meeting the consensus estimate of ($0.01). As a group, analysts anticipate that Surge Battery Metals Inc. will post -0.02 earnings per share for the current year.

About Surge Battery Metals

Surge Battery Metals Inc, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in North America. It primarily explores for lithium and nickel. The company's flagship property is the 100% owned Nevada North lithium project consisting of 243 mineral claims located in Elko County, Nevada. The company was formerly known as Copper Creek Gold Corp. and changed its name to Surge Exploration Inc in April 2018. Surge Battery Metals Inc was incorporated in 1987 and is based in Vancouver, Canada.