Northern Graphite (CVE:NGC) Shares Up 17.9% – Should You Buy?

Northern Graphite Co. (CVE:NGCGet Free Report)’s stock price traded up 17.9% during trading on Tuesday . The stock traded as high as C$0.17 and last traded at C$0.17. 189,423 shares traded hands during mid-day trading, an increase of 173% from the average session volume of 69,366 shares. The stock had previously closed at C$0.14.

Northern Graphite Price Performance

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 business has a fifty day moving average of C$0.11 and a 200 day moving average of C$0.10. The stock has a market cap of C$22.27 million, a PE ratio of -0.68 and a beta of 0.38.

Northern Graphite Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Northern Graphite Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Northern Graphite and related companies with MarketBeat.com's FREE daily email newsletter.