Shares of Nevada Copper Corp. (TSE:NCU – Get Free Report) fell 15.4% on Monday . The company traded as low as C$0.11 and last traded at C$0.11. 274,470 shares changed hands during mid-day trading, a decline of 21% from the average session volume of 348,991 shares. The stock had previously closed at C$0.13.
Nevada Copper Price Performance
The company has a quick ratio of 0.01, a current ratio of 0.23 and a debt-to-equity ratio of 80.94. The stock has a market cap of C$140 million, a price-to-earnings ratio of -1.43 and a beta of 2.64. The business’s fifty day moving average is C$0.08 and its two-hundred day moving average is C$0.12.
Nevada Copper Company Profile
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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