Nevada Copper (TSE:NCU) Share Price Passes Below 200 Day Moving Average of $0.29

Nevada Copper Corp (TSE:NCU)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.29 and traded as low as $0.28. Nevada Copper shares last traded at $0.28, with a volume of 643,847 shares.

Separately, National Bank Financial dropped their target price on shares of Nevada Copper from C$0.45 to C$0.40 in a research note on Monday, November 18th.

The company has a market capitalization of $213.34 million and a PE ratio of -46.67. The business’s fifty day moving average is C$0.23 and its two-hundred day moving average is C$0.29. The company has a current ratio of 0.40, a quick ratio of 0.37 and a debt-to-equity ratio of 40.71.

Nevada Copper Company Profile (TSE:NCU)

Nevada Copper Corp., a development stage mining company, engages in the identification, acquisition, exploration, and development of copper and other mineral properties in Nevada. It explores for copper, gold, silver, and iron ores. The company holds 100% interest in the Pumpkin Hollow copper property that consists of a contiguous 27 square mile land package comprising private lands, patented, and unpatented mineral claims located in north-western Nevada.

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