Nevada Copper Corp. (TSE:NCU – Get Free Report) shares fell 15.4% during mid-day trading 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 Stock Down 15.4 %
The company has a debt-to-equity ratio of 80.94, a quick ratio of 0.01 and a current ratio of 0.23. The company has a market capitalization of C$154 million, a price-to-earnings ratio of -1.86 and a beta of 2.64. The stock’s fifty day simple moving average is C$0.08 and its two-hundred day simple moving average is C$0.12.
About Nevada Copper
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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