International Consolidated Uranium Inc. (NXN.V) (CVE:NXN) Stock Price Up 6.9% – Time to Buy?

International Consolidated Uranium Inc. (NXN.V) (CVE:NXN) shot up 6.9% during mid-day trading on Wednesday . The company traded as high as C$0.62 and last traded at C$0.62. 69,450 shares were traded during mid-day trading, an increase of 101% from the average session volume of 34,638 shares. The stock had previously closed at C$0.58.

International Consolidated Uranium Inc. (NXN.V) Stock Performance

The stock’s 50-day moving average price is C$0.62 and its 200 day moving average price is C$0.62. The firm has a market cap of C$8.72 million and a P/E ratio of -0.51. The company has a debt-to-equity ratio of 2.58, a current ratio of 13.59 and a quick ratio of 13.27.

International Consolidated Uranium Inc. (NXN.V) Company Profile

NxGold Ltd. acquires, develops, explores for, and evaluates early stage mineral properties, primarily gold in Canada. It holds an 80% interest in the Mt. Roe gold project comprising two exploration blocks covering an area of approximately 1,200 hectares located in the Pilbara region in Western Australia; and a right to acquire 70% interest in the Kuulu property covering an area of 4,174 hectares located in the Kavilliq region of Nunavut, Canada.