Surge Battery Metals (OTCMKTS:NILIF) Stock Price Up 9.8% – What’s Next?

Surge Battery Metals Inc. (OTCMKTS:NILIF) shot up 9.8% on Monday . The stock traded as high as $0.7590 and last traded at $0.6941. 816,120 shares changed hands during mid-day trading, an increase of 180% from the average session volume of 291,328 shares. The stock had previously closed at $0.6320.

Surge Battery Metals Stock Up 9.8%

The firm has a fifty day moving average of $0.46 and a 200-day moving average of $0.31. The firm has a market cap of $138.67 million, a P/E ratio of -17.35 and a beta of 0.47.

Surge Battery Metals (OTCMKTS:NILIF) last posted its quarterly earnings results on Thursday, November 20th. The company reported ($0.01) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.01). On average, equities analysts forecast that Surge Battery Metals Inc. will post -0.03 EPS for the current year.

Surge Battery Metals Company Profile

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.