Nouveau Monde Graphite Inc. (CVE:NOU – Get Free Report)’s stock price traded up 18.8% during mid-day trading on Tuesday . The company traded as high as C$3.60 and last traded at C$3.60. 85,242 shares changed hands during mid-day trading, an increase of 32% from the average session volume of 64,689 shares. The stock had previously closed at C$3.03.
Nouveau Monde Graphite Trading Up 9.2 %
The company has a current ratio of 1.85, a quick ratio of 1.29 and a debt-to-equity ratio of 15.36. The business has a 50 day moving average of C$2.00 and a 200-day moving average of C$2.12. The firm has a market capitalization of C$372.54 million, a P/E ratio of -3.31 and a beta of 1.82.
About Nouveau Monde Graphite
Nouveau Monde Graphite Inc engages in the acquisition, exploration, development, and evaluation of mineral properties in Quebec, Canada. It primarily explores for graphite. The company's flagship property is the 100% owned Matawinie graphite property including 176 mining claims covering an area of 9,264 hectares located in Quebec.
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