Northern Graphite Co. (CVE:NGC – Get Free Report) shares shot up 11.1% on Tuesday . The stock traded as high as C$0.15 and last traded at C$0.15. 217,017 shares changed hands during trading, a decline of 9% from the average session volume of 238,299 shares. The stock had previously closed at C$0.14.
Northern Graphite Trading Up 11.1%
The firm’s fifty day simple moving average is C$0.19 and its 200 day simple moving average is C$0.21. The stock has a market capitalization of C$22.11 million, a P/E ratio of -0.63 and a beta of -0.77. The company has a debt-to-equity ratio of 318.09, a quick ratio of 0.91 and a current ratio of 0.35.
About Northern Graphite
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. It also has an option to earn up to an 80% interest in the South Okak nickel-copper-cobalt project located southeast of Voisey's Bay, Labrador.
Featured Articles
- Five stocks we like better than Northern Graphite
- Axon Surged After Earnings and Is Still Down Over 50% From Highs
- The Event That Could Redefine Apple’s Summer Rally
- Hims & Hers Stock Plunges After Q1 Miss: Is the GLP-1 Pivot Enough to Fuel a Recovery?
- Rocket Lab Just Hit a New All-Time High—Time to Buy or Let It Breathe?
Receive News & Ratings for Northern Graphite Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Northern Graphite and related companies with MarketBeat.com's FREE daily email newsletter.
