Nevada Sunrise Metals (CVE:NEV) Shares Down 16.7% – Here’s What Happened

Nevada Sunrise Metals Co. (CVE:NEV – Get Free Report)’s stock price traded down 16.7% during mid-day trading on Friday. The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 426,600 shares were traded during mid-day trading, an increase of 56% from the average daily volume of 274,211 shares. The stock had previously closed at C$0.03.

Nevada Sunrise Metals Price Performance

The business has a 50-day simple moving average of C$0.05 and a two-hundred day simple moving average of C$0.04. The stock has a market cap of C$4.04 million, a price-to-earnings ratio of -1.25 and a beta of 1.88.

About Nevada Sunrise Metals

(Get Free Report)

Nevada Sunrise Metals Corporation, an exploration stage company, engages in the acquisition, exploration, and evaluation of mineral properties. The company explores for gold, copper, cobalt, nickel, zinc, and lithium deposits. The company was formerly known as Nevada Sunrise Gold Corporation and changed its name to Nevada Sunrise Metals Corporation in September 2022. Nevada Sunrise Metals Corporation is headquartered in Vancouver, Canada.

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