Nevada Copper (TSE:NCU) Shares Pass Below Two Hundred Day Moving Average of $0.12

Shares of Nevada Copper Corp. (TSE:NCUGet Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.12 and traded as low as C$0.09. Nevada Copper shares last traded at C$0.10, with a volume of 1,835,243 shares changing hands.

Nevada Copper Stock Down 5.0 %

The company has a debt-to-equity ratio of 80.94, a quick ratio of 0.01 and a current ratio of 0.23. The company has a market cap of C$133 million, a price-to-earnings ratio of -1.36 and a beta of 2.64. The business has a 50-day simple moving average of C$0.08 and a 200-day simple moving average of C$0.12.

Nevada Copper Company Profile

(Get Free Report)

Nevada Copper Corp. engages in the exploration, development, and operation of mineral properties in Nevada. The company explores for copper, iron magnetite, gold, and silver ores. It holds 100% interests in the Pumpkin Hollow property that consist of approximately 24,300 acres of contiguous mineral rights located in northwestern Nevada, the United States.

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