Northern Graphite Co. (CVE:NGC – Get Free Report)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.12 and traded as high as C$0.17. Northern Graphite shares last traded at C$0.16, with a volume of 128,700 shares changing hands.
Northern Graphite Stock Performance
The stock’s 50-day moving average price is C$0.16 and its 200 day moving average price is C$0.12. The company has a debt-to-equity ratio of 318.09, a current ratio of 0.35 and a quick ratio of 0.91. The firm has a market cap of C$21.21 million, a P/E ratio of -0.75 and a beta of -0.22.
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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