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 price objective by equities research analysts at Ventum Capital in a research report issued to clients and investors on Thursday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Ventum Capital’s target price suggests a potential upside of 89.66% from the company’s current price.

NorthIsle Copper and Gold Stock Down 0.3%

NCX traded down C$0.01 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 current ratio of 6.58 and a quick ratio of 65.21. NorthIsle Copper and Gold has a 52-week low of C$0.88 and a 52-week high of C$3.55. The stock has a fifty day simple moving average of C$2.96 and a 200-day simple moving average of C$2.76. The firm has a market capitalization of C$962.97 million, a P/E ratio of -41.43 and a beta of 1.62.

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.