Surge Battery Metals (OTCMKTS:NILIF) Releases Quarterly Earnings Results, Meets Estimates

Surge Battery Metals (OTCMKTS:NILIF) issued 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%

NILIF traded up $0.05 during midday trading on Friday, reaching $0.64. The company’s stock had a trading volume of 109,862 shares, compared to its average volume of 249,916. Surge Battery Metals has a 1 year low of $0.17 and a 1 year high of $0.76. The stock’s 50-day moving average is $0.51 and its 200-day moving average is $0.49. The firm has a market capitalization of $163.14 million, a price-to-earnings ratio of -16.09 and a beta of 1.48.

About Surge Battery Metals

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.