International Consolidated Uranium Inc. (NXN.V) (CVE:NXN) Stock Price Up 6.9% – Still a Buy?

International Consolidated Uranium Inc. (NXN.V) (CVE:NXN)’s share price shot up 6.9% on Tuesday . The company traded as high as C$0.62 and last traded at C$0.62. 69,450 shares traded hands during mid-day trading, an increase of 101% from the average session volume of 34,638 shares. The stock had previously closed at C$0.58.

International Consolidated Uranium Inc. (NXN.V) Price Performance

The company has a market capitalization of C$8.72 million and a P/E ratio of -0.51. The stock’s fifty day simple moving average is C$0.62 and its 200-day simple moving average is C$0.62. The company has a debt-to-equity ratio of 2.58, a current ratio of 13.59 and a quick ratio of 13.27.

International Consolidated Uranium Inc. (NXN.V) Company Profile

NxGold Ltd. acquires, develops, explores for, and evaluates early stage mineral properties, primarily gold in Canada. It holds an 80% interest in the Mt. Roe gold project comprising two exploration blocks covering an area of approximately 1,200 hectares located in the Pilbara region in Western Australia; and a right to acquire 70% interest in the Kuulu property covering an area of 4,174 hectares located in the Kavilliq region of Nunavut, Canada. The company was formerly known as Lancaster Capital Corp.