Nouveau Monde Graphite (CVE:NOU) Sets New 52-Week Low – Here’s What Happened

Shares of Nouveau Monde Graphite Inc. (CVE:NOUGet Free Report) reached a new 52-week low on Monday . The company traded as low as C$1.70 and last traded at C$1.70, with a volume of 25561 shares trading hands. The stock had previously closed at C$1.76.

Nouveau Monde Graphite Price Performance

The company has a current ratio of 1.85, a quick ratio of 1.29 and a debt-to-equity ratio of 15.36. The company has a market capitalization of C$213.85 million, a price-to-earnings ratio of -1.90 and a beta of 1.82. The company has a 50 day moving average price of C$1.98 and a 200 day moving average price of C$2.24.

About Nouveau Monde Graphite

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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.

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