Nevada Copper (TSE:NCU) Shares Pass Below 200-Day Moving Average of $0.11

Nevada Copper Corp. (TSE:NCU)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.11 and traded as low as C$0.10. Nevada Copper shares last traded at C$0.12, with a volume of 83,434 shares changing hands.

Nevada Copper Trading Up 4.5 %

The stock’s 50-day simple moving average is C$0.09 and its 200-day simple moving average is C$0.11. The firm has a market capitalization of C$164.45 million, a PE ratio of -1.44 and a beta of 2.76. The company has a debt-to-equity ratio of 95.26, a quick ratio of 0.01 and a current ratio of 0.17.

Nevada Copper (TSE:NCU) last released its earnings results on Tuesday, April 2nd. The mining company reported C($0.01) earnings per share for the quarter. The firm had revenue of C$6.22 million for the quarter. As a group, sell-side analysts expect that Nevada Copper Corp. will post 0.0235849 EPS for the current fiscal year.

Nevada Copper Company Profile

Nevada Copper Corp. engages in the exploration, development, and operation of mineral properties in Nevada. The company explores for copper, gold, silver and iron magnetite ores. It holds 100% interests in the Pumpkin Hollow Copper property that consist of approximately 28.8 square-mile land patented claims located in Yerington, Nevada.