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

Surge Battery Metals Inc. (OTCMKTS:NILIF) shares traded down 1.8% during mid-day trading on Wednesday . The stock 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 Price Performance

The stock has a market cap of $114.03 million, a price-to-earnings ratio of -11.25 and a beta of 1.41. The business’s fifty day simple moving average is $0.51 and its 200 day simple moving average is $0.50.

Surge Battery Metals (OTCMKTS:NILIF) last posted its quarterly earnings results on Tuesday, May 26th. The company reported ($0.01) EPS for the quarter, meeting the consensus estimate of ($0.01). As a group, equities analysts forecast that Surge Battery Metals Inc. will post -0.02 EPS for the current fiscal 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.