Nouveau Monde Graphite Inc. (CVE:NOU – Get Free Report)’s share price traded up 5.5% during trading on Wednesday . The stock traded as high as C$3.40 and last traded at C$3.24. Approximately 108,430 shares traded hands during mid-day trading, an increase of 29% from the average daily volume of 83,890 shares. The stock had previously closed at C$3.07.
Nouveau Monde Graphite Stock Performance
The company has a market cap of C$493.33 million, a P/E ratio of -5.40 and a beta of 1.82. The stock has a 50 day moving average price of C$3.24 and a two-hundred day moving average price of C$3.24. The company has a quick ratio of 1.29, a current ratio of 3.58 and a debt-to-equity ratio of 105.58.
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. It also involved in the real estate and trading activities. The company was formerly known as Nouveau Monde Mining Enterprises Inc and changed its name to Nouveau Monde Graphite Inc in February 2017.
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