Northern Shield Resources (CVE:NRN) Hits New 12-Month Low at $0.02

Shares of Northern Shield Resources Inc. (CVE:NRNGet Rating) hit a new 52-week low on Monday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 99000 shares. The stock had previously closed at C$0.02.

The company has a current ratio of 1.60, a quick ratio of 1.38 and a debt-to-equity ratio of 0.17. The firm has a 50-day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.04. The company has a market capitalization of C$5.83 million and a price-to-earnings ratio of -20.00.

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 Eastern Canada. The company primarily explores for nickel, copper, gold, silver, and platinum group elements. It principally holds 83% interests in the Shot Rock property with 2,167 claims covering an area of 272 square kilometers located in Nova Scotia; 100% interests in the Huckleberry property comprising 111 claims with an area of 54 square kilometers located in north of Schefferville, Quebec; and 100% interests in the Idefix property with 40 claims covering an area of 18 square kilometers located in Labrador Trough, Québec.

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