Northern Shield Resources Inc. (CVE:NRN – Get Free Report)’s stock price was up 27.3% during mid-day trading on Friday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 677,750 shares were traded during mid-day trading, an increase of 300% from the average daily volume of 169,495 shares. The stock had previously closed at C$0.06.
Northern Shield Resources Trading Up 14.3 %
The stock has a market cap of C$7.31 million, a P/E ratio of -1.98 and a beta of 1.47. The firm’s fifty day moving average is C$0.05 and its 200 day moving average is C$0.04.
About Northern Shield Resources
Northern Shield Resources Inc, a natural resource company, engages in identifying, acquiring, and exploring mineral properties primarily in Eastern Canada. It primarily explores for nickel, copper, gold, silver, and platinum group elements. The company holds 100% interest in the Merasheen property with 99 claims covering an area of 25 square kilometers located at the southern end of Merasheen Island in Placentia Bay, Newfoundland; 100% interests in the Huckleberry property comprising 52 claims with an area of 25 square kilometers located in north of Schefferville, Quebec; and 100% interests in the Idefix property with 40 claims covering an area of 18 square kilometers located in Labrador Trough, Québec.
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