NorthIsle Copper and Gold (CVE:NCX) Trading Down 11.3%

NorthIsle Copper and Gold Inc. (CVE:NCX) was down 11.3% during mid-day trading on Monday . The company traded as low as C$0.46 and last traded at C$0.47. Approximately 234,865 shares were traded during trading, an increase of 48% from the average daily volume of 158,592 shares. The stock had previously closed at C$0.53.

NorthIsle Copper and Gold Trading Up 1.1 %

The firm has a market capitalization of C$111.80 million, a price-to-earnings ratio of -15.67 and a beta of 2.21. The company has a debt-to-equity ratio of 1.23, a quick ratio of 65.21 and a current ratio of 7.74. The company has a 50-day moving average price of C$0.47 and a 200-day moving average price of C$0.46.

NorthIsle Copper and Gold (CVE:NCX) last posted its earnings results on Tuesday, August 13th. The company reported C($0.01) earnings per share for the quarter.

Insiders Place Their Bets

In other news, Senior Officer Ian Chang bought 217,000 shares of NorthIsle Copper and Gold stock in a transaction dated Friday, June 21st. The stock was acquired at an average cost of C$0.34 per share, with a total value of C$73,780.00. Corporate insiders own 13.97% of the company’s stock.

About NorthIsle Copper and Gold

NorthIsle Copper and Gold Inc, a junior resources company, engages in the exploration, development, and acquisition of mineral resource properties in Canada. The company explores for copper, gold, molybdenum, and rhenium deposits. Its principal property is the North Island project consisting of approximately 34,000 hectares located on Northern Vancouver Island, British Columbia.