Surge Battery Metals (OTCMKTS:NILIF) Stock Price Up 9.8% – Should You Buy?

Surge Battery Metals Inc. (OTCMKTS:NILIF)’s share price was up 9.8% on Monday . The stock traded as high as $0.7590 and last traded at $0.6941. Approximately 816,120 shares were traded during trading, an increase of 180% from the average daily volume of 291,328 shares. The stock had previously closed at $0.6320.

Surge Battery Metals Trading Up 9.8%

The firm has a market capitalization of $138.67 million, a price-to-earnings ratio of -17.35 and a beta of 0.47. The company’s 50 day moving average is $0.46 and its 200-day moving average is $0.31.

Surge Battery Metals (OTCMKTS:NILIF) last announced its quarterly earnings results on Thursday, November 20th. The company reported ($0.01) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.01). Research analysts expect that Surge Battery Metals Inc. will post -0.03 EPS for the current year.

Surge Battery Metals Company Profile

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.