NorthIsle Copper and Gold (CVE:NCX) Rating Increased to Strong-Buy at Ventum Financial

Ventum Financial upgraded shares of NorthIsle Copper and Gold (CVE:NCX) to a strong-buy rating in a report issued on Thursday,Zacks.com reports.

Separately, Ventum Capital set a C$5.50 price objective on NorthIsle Copper and Gold and gave the stock a “buy” rating in a report on Thursday. One analyst has rated the stock with a Strong Buy rating and one has given a Buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Strong Buy” and an average price target of C$5.50.

NorthIsle Copper and Gold Trading Up 4.8%

NorthIsle Copper and Gold stock opened at C$3.04 on Thursday. NorthIsle Copper and Gold has a 52 week low of C$0.88 and a 52 week high of C$3.55. The stock has a market capitalization of C$1.01 billion, a P/E ratio of -43.43 and a beta of 1.62. The stock has a 50-day simple moving average of C$2.97 and a 200 day simple moving average of C$2.77. The company has a debt-to-equity ratio of 0.27, a quick ratio of 65.21 and a current ratio of 53.53.

NorthIsle Copper and Gold Company Profile

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. The company was incorporated in 2011 and is headquartered in Vancouver, Canada.