Northern Graphite (CVE:NGC) Sets New 12-Month Low at $0.15

Northern Graphite Co. (CVE:NGCGet Free Report)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.15 and last traded at C$0.16, with a volume of 34500 shares trading hands. The stock had previously closed at C$0.17.

Northern Graphite Stock Performance

The stock’s 50-day moving average price is C$0.18 and its 200-day moving average price is C$0.20. The company has a market cap of C$19.55 million, a P/E ratio of -0.88 and a beta of 0.51. The company has a debt-to-equity ratio of 81.21, a current ratio of 2.29 and a quick ratio of 0.91.

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.

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