Nevada Copper (TSE:NCU) Trading Down 15.4%

Nevada Copper Corp. (TSE:NCU)’s share price fell 15.4% during mid-day trading on Monday . The stock traded as low as C$0.11 and last traded at C$0.11. 274,470 shares were traded 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 Performance

The company has a market capitalization of C$140 million, a PE ratio of -1.43 and a beta of 2.64. The company has a current ratio of 0.23, a quick ratio of 0.01 and a debt-to-equity ratio of 80.94. The firm’s 50-day simple moving average is C$0.08 and its 200-day simple moving average is C$0.12.

Nevada Copper Company Profile

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.