Northern Shield Resources Inc. (CVE:NRN) shot up 6.3% during trading on Wednesday . The stock traded as high as C$0.09 and last traded at C$0.09. 255,400 shares changed hands during mid-day trading, a decline of 17% from the average session volume of 307,233 shares. The stock had previously closed at C$0.08.
The stock has a market capitalization of $19.11 million and a P/E ratio of -13.33.
Northern Shield Resources Company Profile (CVE:NRN)
Northern Shield Resources Inc, a natural resource company, engages in identifying, acquiring, and exploring mineral properties primarily in Ontario and Quebec. The company primarily explores for platinum group elements, copper, nickel, zinc, and silver. It holds 100% interests in the Huckleberry property comprising 179 claims located to the north of Schefferville; Séquoi property consisting of 107 claims; Sé2 property covering 291 claims situated to the southeast of Séquoi; Idefix property comprising 241 claims with an area of 109 square kilometers; and 2 gold projects located in the Gaspesie region of Quebec.
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