Nevada Copper (TSE:NCU) Trading Down 5.8%

Nevada Copper Corp. (TSE:NCUGet Rating)’s share price was down 5.8% on Friday . The stock traded as low as C$0.24 and last traded at C$0.25. Approximately 118,299 shares traded hands during trading, a decline of 32% from the average daily volume of 174,308 shares. The stock had previously closed at C$0.26.

Nevada Copper Trading Down 7.7 %

The firm has a market capitalization of C$173.64 million, a PE ratio of -0.26 and a beta of 2.73. The firm’s fifty day moving average is C$0.33 and its two-hundred day moving average is C$0.33. The company has a debt-to-equity ratio of 123.86, a current ratio of 0.40 and a quick ratio of 0.01.

Nevada Copper (TSE:NCUGet Rating) last released its quarterly earnings results on Monday, March 20th. The mining company reported C($0.05) earnings per share for the quarter. On average, equities analysts predict that Nevada Copper Corp. will post -0.01 EPS for the current fiscal year.

About Nevada Copper

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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. Its holds 100% interests in the Pumpkin Hollow property located in Nevada, the United States. Nevada Copper Corp. was incorporated in 1999 and is based in Vancouver, British Columbia.

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