Northern Shield Resources Inc. (CVE:NRN) shares rose 14.3% during trading on Thursday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 172,519 shares traded hands during trading, a decline of 44% from the average daily volume of 308,788 shares. The stock had previously closed at C$0.07.
The company has a market cap of $16.99 million and a P/E ratio of -11.67.
About Northern Shield Resources (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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