This copper runner is up over 3,000% and it’s still early

The chart on this one is becoming impossible to ignore. Just a few months ago, it was a forgotten penny stock trading around $0.05. Now it is sitting near the $1.80 range after a massive move higher.

Despite this huge jump, the company still has a small enterprise value of about $37M USD.

The move is happening at the perfect time. Copper prices just hit a 3-month high. Global supply is getting tight, and long-term demand for AI, EVs, and power grids is only going up. Investors are starting to flood back into copper explorers.

The stock is NRED (NovaRed). Here is why it is catching eyes right now:

• Location: They have a large land package in British Columbia. Being in North America avoids the shipping risks and tariffs people see in other regions.
• Progress: They already have permits for geophysics work in 2026 and just added new expertise to their advisory board.
• Momentum: Most tiny explorers stay flat for years. This one is showing incredible relative strength before drilling even picks up.

It is rare to see a stock move from literal pennies toward multi-dollar territory this fast. Usually, that means the market is pricing in something much bigger.

Is this just the beginning of the copper rotation, or is it getting overextended?

*High risk, early stage exploration. Do your own research before trading.