Bullboard - Stock Discussion Forum Nevada Copper Corp T.NCU

Alternate Symbol(s): T.NCU.W.C | NEVDF

Metals & Mining Copper

Nevada Copper Corp is a Canada-based mining company. The Company is engaged in the development, operation, and exploration of its copper project (the Project) at its Pumpkin Hollow Property (the Property) in Western Nevada, United States of America. Its two fully permitted projects include the high-grade Underground Mine and processing facility, which is undergoing a restart of operations, and... see more

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Nevada Copper Corp > Nevada Copper Vs Ero Copper (Trade volume comparison)

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Post by JayGriff on Sep 06, 2023 11:45am

Nevada Copper Vs Ero Copper (Trade volume comparison)

To put things in perspective with regards to volume...both Nevada Copper Corp and Ero Copper have very large insider ownership, around (83% each). Below is a comparison in the float value being traded daily:

Percent of float value traded daily in August 2023
Ero Copper: 2%
Nevada Copper: 0.083% (more than 1/10^th of 1 percent)

Anyone who has insider info @ Nevada Copper Corp can change this price with such low interest and volume.

See calculations below:

Average daily trade value for August 2023
Ero: $6,200,000
Nevada Copper: $38,544

Value of public float Aug. 2023 (average closing price in August 2023 x float shares)
Ero: $315,464,000 (11,386,000 shares x $27.7 CAD/share)
Nevada: 46,000,000 (247,055,000 shares x $0.185 CAD/share)

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