Surge Battery Metals (OTCMKTS:NILIF) Shares Up 23.8% – Time to Buy?

Surge Battery Metals Inc. (OTCMKTS:NILIFGet Free Report) shares shot up 23.8% on Wednesday . The stock traded as high as $0.36 and last traded at $0.35. 1,495,883 shares traded hands during mid-day trading, an increase of 289% from the average session volume of 384,741 shares. The stock had previously closed at $0.28.

Surge Battery Metals Stock Up 23.8%

The company has a market capitalization of $61.38 million, a price-to-earnings ratio of -8.75 and a beta of 0.62. The company’s 50 day simple moving average is $0.21 and its two-hundred day simple moving average is $0.20.

Surge Battery Metals (OTCMKTS:NILIFGet Free Report) last announced its earnings results on Thursday, August 21st. The company reported ($0.01) earnings per share for the quarter, meeting the consensus estimate of ($0.01). Analysts anticipate that Surge Battery Metals Inc. will post -0.03 EPS for the current year.

Surge Battery Metals Company Profile

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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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