Surge Battery Metals (OTCMKTS:NILIF) Posts Quarterly Earnings Results, Hits Estimates

Surge Battery Metals (OTCMKTS:NILIF) posted its quarterly earnings results on Friday. The company reported ($0.01) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.01), Zacks reports.

Surge Battery Metals Trading Up 8.4%

Shares of Surge Battery Metals stock traded up $0.05 during trading on Friday, hitting $0.64. 109,862 shares of the stock were exchanged, compared to its average volume of 249,916. The company has a fifty day moving average price of $0.51 and a 200-day moving average price of $0.49. The stock has a market capitalization of $163.14 million, a price-to-earnings ratio of -16.09 and a beta of 1.48. Surge Battery Metals has a 1-year low of $0.17 and a 1-year high of $0.76.

Surge Battery Metals Company Profile

Surge Battery Metals Inc, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in North America. It primarily explores for lithium and nickel. The company's flagship property is the 100% owned Nevada North lithium project consisting of 243 mineral claims located in Elko County, Nevada. The company was formerly known as Copper Creek Gold Corp. and changed its name to Surge Exploration Inc in April 2018. Surge Battery Metals Inc was incorporated in 1987 and is based in Vancouver, Canada.