Shares of Northern Graphite Co. (CVE:NGC – Get Free Report) shot up 26.9% during mid-day trading on Monday . The company traded as high as C$0.17 and last traded at C$0.17. 163,914 shares changed hands during mid-day trading, an increase of 58% from the average session volume of 103,679 shares. The stock had previously closed at C$0.13.
Northern Graphite Stock Performance
The business has a 50-day moving average of C$0.11 and a 200 day moving average of C$0.10. 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 company has a market cap of C$20.96 million, a PE ratio of -0.64 and a beta of 0.38.
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.
Read More
- Five stocks we like better than Northern Graphite
- What does consumer price index measure?
- Top 3 Reasons to Invest in This Bond ETF for Stability and Growth
- Energy and Oil Stocks Explained
- 2 Drone Stocks Surging from Increased Media Attention
- Stock Analyst Ratings and Canadian Analyst Ratings
- Ciena Rebounds: AI and Strong Guidance Drive Post-Earnings Surge
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.
