Northern Graphite Co. (CVE:NGC – Get Free Report)’s share price was up 42.1% on Friday . The stock traded as high as C$0.15 and last traded at C$0.14. Approximately 1,550,740 shares were traded during mid-day trading, an increase of 1,833% from the average daily volume of 80,219 shares. The stock had previously closed at C$0.10.
Northern Graphite Stock Performance
The firm has a 50-day moving average price of C$0.09 and a 200 day moving average price of C$0.11. The firm has a market capitalization of C$17.69 million, a PE ratio of -0.54 and a beta of 0.38. The company has a quick ratio of 0.91, a current ratio of 0.35 and a debt-to-equity ratio of 318.09.
About Northern Graphite
Northern Graphite Corporation engages in the acquisition, exploration, development, and production of graphite and other battery mineral properties in North America. The company holds 100% interests in the Bissett Creek graphite project located in southern Canada, which comprises Ontario mining lease number 109550 covering 565 hectares, and Ontario mining lease number 109335 covering 1,938 hectares; Lac-des-Îles graphite mine in Quebec; and the Mousseau West graphite project located in Quebec.
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