Northern Graphite (CVE:NGC) Sets New 52-Week Low at $0.11

Northern Graphite Corp (CVE:NGC) hit a new 52-week low on Wednesday . The company traded as low as C$0.11 and last traded at C$0.11, with a volume of 24900 shares trading hands. The stock had previously closed at C$0.12.

The firm’s 50 day simple moving average is C$0.13. The stock has a market capitalization of $7.49 million and a price-to-earnings ratio of -9.55.

About Northern Graphite (CVE:NGC)

Northern Graphite Corporation explores for and develops mineral properties in Canada. It holds a 100% interest in the Bissett Creek graphite project covering an area of approximately 3,662 hectares located in southeastern Ontario. The company was formerly known as Industrial Minerals Canada Inc and changed its name to Northern Graphite Corporation in March 2010.

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