Shares of Nouveau Monde Graphite Inc. (CVE:NOU – Get Free Report) were up 18.8% on Tuesday . The company traded as high as C$3.60 and last traded at C$3.60. Approximately 85,242 shares were traded during mid-day trading, an increase of 32% from the average daily volume of 64,689 shares. The stock had previously closed at C$3.03.
Nouveau Monde Graphite Stock 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 stock has a 50 day moving average price of C$2.00 and a two-hundred day moving average price of C$2.12. The company has a market cap of C$372.54 million, a price-to-earnings ratio of -3.31 and a beta of 1.82.
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.
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