Nubian Resources (CVE:NBR) Hits New 52-Week High at $0.19

Nubian Resources Ltd (CVE:NBR)’s stock price reached a new 52-week high on Thursday . The company traded as high as C$0.19 and last traded at C$0.19, with a volume of 68500 shares. The stock had previously closed at C$0.15.

The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 5.19. The stock’s 50-day simple moving average is C$0.12 and its two-hundred day simple moving average is C$0.09. The company has a market capitalization of $4.24 million and a price-to-earnings ratio of -13.57.

About Nubian Resources (CVE:NBR)

Nubian Resources Ltd. engages in the exploration and evaluation of mineral properties in Canada, the United States, and Peru. It primarily explores for gold and silver deposits. The company holds a 100% interest in the Excelsior Springs property comprising 140 claims that covers an area of 3.5 square kilometers located in Esmeralda County, Nevada.

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