Surge Battery Metals (OTCMKTS:NILIF) Stock Price Down 5.1% – Time to Sell?

Surge Battery Metals Inc. (OTCMKTS:NILIF) dropped 5.1% on Thursday . The stock traded as low as $0.3645 and last traded at $0.3795. Approximately 74,934 shares changed hands during mid-day trading, a decline of 71% from the average daily volume of 255,627 shares. The stock had previously closed at $0.40.

Surge Battery Metals Stock Down 5.1%

The firm has a market cap of $89.44 million, a P/E ratio of -9.49 and a beta of 0.54. The firm has a fifty day moving average of $0.51 and a 200-day moving average of $0.41.

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.