NorthIsle Copper and Gold (CVE:NCX) Shares Down 1.1% – Time to Sell?

NorthIsle Copper and Gold Inc. (CVE:NCX) shares were down 1.1% during mid-day trading on Tuesday . The company traded as low as C$2.66 and last traded at C$2.79. Approximately 616,322 shares changed hands during mid-day trading, a decline of 18% from the average daily volume of 748,277 shares. The stock had previously closed at C$2.82.

NorthIsle Copper and Gold Stock Performance

The company has a debt-to-equity ratio of 1.50, a current ratio of 2.03 and a quick ratio of 65.21. The firm has a market capitalization of C$814.14 million, a price-to-earnings ratio of -69.75 and a beta of 1.66. The firm’s fifty day moving average is C$2.82 and its 200 day moving average is C$2.00.

Insider Transactions at NorthIsle Copper and Gold

In other NorthIsle Copper and Gold news, insider Samuel Lee sold 51,700 shares of the company’s stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of C$2.58, for a total value of C$133,386.00. Following the transaction, the insider directly owned 7,614,105 shares of the company’s stock, valued at C$19,644,390.90. This represents a 0.67% decrease in their position. Insiders own 13.96% of the company’s stock.

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.