NorthIsle Copper and Gold (CVE:NCX) Stock Rating Upgraded by Ventum Financial

NorthIsle Copper and Gold (CVE:NCX) was upgraded by analysts at Ventum Financial to a “strong-buy” rating in a report issued on Thursday,Zacks.com reports.

Separately, Ventum Capital set a C$5.50 price objective on shares of NorthIsle Copper and Gold and gave the company a “buy” rating in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Strong Buy” and an average price target of C$5.50.

NorthIsle Copper and Gold Trading Up 4.8%

Shares of NorthIsle Copper and Gold stock opened at C$3.04 on Thursday. The company has a debt-to-equity ratio of 0.27, a current ratio of 53.53 and a quick ratio of 65.21. NorthIsle Copper and Gold has a 1 year low of C$0.88 and a 1 year high of C$3.55. The company has a market capitalization of C$1.01 billion, a P/E ratio of -43.43 and a beta of 1.62. The business has a 50 day moving average price of C$2.97 and a 200 day moving average price of C$2.77.

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.