Surge Battery Metals (OTCMKTS:NILIF) Shares Down 3.4% – Time to Sell?

Surge Battery Metals Inc. (OTCMKTS:NILIFGet Free Report) dropped 3.4% during trading on Wednesday . The company traded as low as $0.19 and last traded at $0.20. Approximately 150,854 shares traded hands during trading, an increase of 5% from the average daily volume of 143,170 shares. The stock had previously closed at $0.21.

Surge Battery Metals Stock Performance

The business’s 50 day moving average price is $0.20 and its 200 day moving average price is $0.23. The firm has a market cap of $35.08 million, a price-to-earnings ratio of -4.00 and a beta of 0.91.

Surge Battery Metals (OTCMKTS:NILIFGet Free Report) last posted its earnings results on Thursday, May 29th. The company reported ($0.01) EPS for the quarter, meeting analysts’ consensus estimates of ($0.01). Sell-side analysts anticipate that Surge Battery Metals Inc. will post -0.03 earnings per share for the current fiscal year.

About Surge Battery Metals

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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.

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