Northern Graphite (CVE:NGC) Stock Crosses Above 200-Day Moving Average – Time to Sell?

Northern Graphite Co. (CVE:NGCGet Free Report) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$0.10 and traded as high as C$0.14. Northern Graphite shares last traded at C$0.13, with a volume of 27,964 shares.

Northern Graphite Stock Down 10.7 %

The stock has a market capitalization of C$16.38 million, a PE ratio of -0.50 and a beta of 0.38. 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’s fifty day moving average price is C$0.15 and its two-hundred day moving average price is C$0.10.

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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