Surge Battery Metals (OTCMKTS:NILIF) Shares Down 4.3% – Time to Sell?

Surge Battery Metals Inc. (OTCMKTS:NILIFGet Free Report)’s stock price was down 4.3% during mid-day trading on Friday . The stock traded as low as $0.31 and last traded at $0.33. Approximately 351,487 shares changed hands during trading, an increase of 218% from the average daily volume of 110,679 shares. The stock had previously closed at $0.35.

Surge Battery Metals Price Performance

The stock has a market capitalization of $54.52 million and a PE ratio of -5.53. The firm has a fifty day moving average price of $0.26 and a two-hundred day moving average price of $0.28.

Surge Battery Metals (OTCMKTS:NILIFGet Free Report) last released its earnings results on Monday, August 19th. The company reported ($0.01) earnings per share for the quarter, hitting analysts’ consensus estimates of ($0.01). On average, research analysts expect that Surge Battery Metals Inc. will post -0.03 earnings per share for the current fiscal year.

About Surge Battery Metals

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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.

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