Nouveau Monde Graphite Inc (CVE:NOU) was up 17.9% on Thursday . The stock traded as high as C$0.23 and last traded at C$0.23, approximately 155,750 shares were traded during trading. An increase of 41% from the average daily volume of 110,576 shares. The stock had previously closed at C$0.20.
The business has a fifty day moving average price of C$0.20 and a 200 day moving average price of C$0.21. The company has a market capitalization of $52.36 million and a PE ratio of -5.71. The company has a debt-to-equity ratio of 12.52, a quick ratio of 1.48 and a current ratio of 1.51.
Nouveau Monde Graphite (CVE:NOU) last released its quarterly earnings data on Friday, November 29th. The company reported C($0.01) EPS for the quarter. Research analysts forecast that Nouveau Monde Graphite Inc will post 0.05 earnings per share for the current fiscal year.
Nouveau Monde Graphite Inc engages in the acquisition, exploration, evaluation, and development of mineral properties in Quebec, Canada. The company primarily explores for graphite. Its flagship property is the Matawinie property that includes 246 mining claims covering 13,383 hectares situated to the north of Montreal, Quebec.
Featured Article: How does a security become overbought?
Receive News & Ratings for Nouveau Monde Graphite Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nouveau Monde Graphite and related companies with MarketBeat.com's FREE daily email newsletter.