Surge Battery Metals (OTCMKTS:NILIF) Stock Price Down 1.8% – Time to Sell?

Surge Battery Metals Inc. (OTCMKTS:NILIF) shares dropped 1.8% during trading on Wednesday . The company traded as low as $0.45 and last traded at $0.45. Approximately 121,536 shares were traded during trading, a decline of 52% from the average session volume of 253,490 shares. The stock had previously closed at $0.4582.

Surge Battery Metals Trading Down 1.6%

The stock has a market capitalization of $108.46 million, a P/E ratio of -10.70 and a beta of 1.41. The company has a 50-day moving average price of $0.51 and a two-hundred day moving average price of $0.50.

Surge Battery Metals (OTCMKTS:NILIF) last released its earnings results on Tuesday, May 26th. The company reported ($0.01) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.01). Research analysts forecast that Surge Battery Metals Inc. will post -0.02 earnings per share for the current year.

About Surge Battery Metals

Surge Battery Metals Inc, an exploration stage company, engages in the acquisition, exploration, and development of mineral properties in North America. It primarily explores for lithium and nickel. The company's flagship property is the 100% owned Nevada North lithium project consisting of 243 mineral claims located in Elko County, Nevada. The company was formerly known as Copper Creek Gold Corp. and changed its name to Surge Exploration Inc in April 2018. Surge Battery Metals Inc was incorporated in 1987 and is based in Vancouver, Canada.