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Northern Shield Resources shares fell 12.5% to C$0.07 on Thursday amid above-average trading volume, with no stated reason.
Northern Shield Resources (CVE:NRN) shares dropped 12.5% to C$0.07 on Thursday, with trading volume rising 27% above average.
The company, focused on exploring nickel, copper, gold, silver, and platinum group elements in Eastern Canada, owns three key properties: Merasheen in Newfoundland, Huckleberry in Quebec, and Idefix in the Labrador Trough.
The stock has a market cap of C$9.47 million, a negative P/E ratio of -7.00, and a low beta of 0.20, indicating low volatility.
It trades near its 200-day moving average of C$0.07.
No specific reason for the decline was provided.
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Las acciones de Northern Shield Resources cayeron 12.5% a C $ 0.07 el jueves en medio de un volumen de operaciones por encima de la media, sin ninguna razón indicada.