Sentiment for Novacopper Inc (TSE:NCQ)
Novacopper Inc (TSE:NCQ) institutional sentiment decreased to 0.33 in 2015 Q3. Its down -1.00, from 1.33 in 2015Q2. The ratio has dropped, as 12 investment managers increased and opened new positions, while 9 sold and decreased their positions in Novacopper Inc. The investment managers in our partner’s database now own: 27.89 million shares, down from 28.07 million shares in 2015Q2. Also, the number of investment managers holding Novacopper Inc in their top 10 positions was flat from 1 to 1 for the same number . Sold All: 4 Reduced: 5 Increased: 5 New Position: 7.
NovaCopper Inc. is a Canada-based exploration-stage mining company. The company has a market cap of $52.73 million. The Firm is engaged in the exploration and development of mineral properties. It currently has negative earnings. The Firm is focused on the development of Upper Kobuk Mineral Projects , which are located in the Ambler mining district in Northwest Alaska.
The stock closed at $0.495 during the last session. It is down 19.35% since September 8, 2015 and is downtrending. It has underperformed by 25.09% the S&P500.
According to Zacks Investment Research, “NovaCopper Inc. is a base metals exploration company focused on exploring and developing the Ambler copper-zinc-lead-gold-silver deposits project in Northwest Alaska. NovaCopper Inc. is based in Canada.”
Rcf Management L.L.C. holds 11% of its portfolio in Novacopper Inc for 2.00 million shares. Baupost Group Llc Ma owns 10.60 million shares or 0.06% of their US portfolio. Moreover, J. Goldman & Co Lp has 0.02% invested in the company for 509,250 shares. The New York-based Scoggin Llc has invested 0.02% in the stock. Gmt Capital Corp, a Georgia-based fund reported 673,155 shares.#img1#
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