Ventum Financial Upgrades NorthIsle Copper and Gold (CVE:NCX) to Strong-Buy

NorthIsle Copper and Gold (CVE:NCX) was upgraded by equities research analysts at Ventum Financial to a “strong-buy” rating in a research report issued to clients and investors on Thursday,Zacks.com reports.

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

NorthIsle Copper and Gold Stock Performance

Shares of 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 business’s fifty day simple moving average is C$2.97 and its 200-day simple moving average is C$2.77. The firm has a market cap of C$1.01 billion, a PE ratio of -43.43 and a beta of 1.62. The company has a quick ratio of 65.21, a current ratio of 53.53 and a debt-to-equity ratio of 0.27.

About NorthIsle Copper and Gold

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.