National Bank Financial set a C$0.75 target price on Nevada Copper (TSE:NCU) in a research note released on Friday morning, BayStreet.CA reports. The brokerage currently has an outperform rating on the mining company’s stock.
Nevada Copper stock remained flat at $C$0.40 on Friday. 125,500 shares of the company’s stock traded hands, compared to its average volume of 149,099. The company has a market cap of $264.77 million and a price-to-earnings ratio of -10.00. The company has a debt-to-equity ratio of 30.72, a current ratio of 5.56 and a quick ratio of 5.55. Nevada Copper has a 12-month low of C$0.33 and a 12-month high of C$0.72.
About Nevada Copper
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