Northern Graphite (CVE:NGC) Trading Up 17.9% – What’s Next?

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

Northern Graphite Stock Up 21.4 %

The stock has a market capitalization of C$22.27 million, a price-to-earnings ratio of -0.68 and a beta of 0.38. The firm has a 50-day moving average of C$0.11 and a 200 day moving average of C$0.10. The company has a current ratio of 0.35, a quick ratio of 0.91 and a debt-to-equity ratio of 318.09.

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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