Northern Graphite Co. (CVE:NGC – Get Free Report)’s stock price was down 4.5% on Wednesday . The stock traded as low as C$0.21 and last traded at C$0.21. Approximately 26,151 shares were traded during trading, a decline of 85% from the average daily volume of 172,322 shares. The stock had previously closed at C$0.22.
Northern Graphite Stock Down 4.8%
The company has a quick ratio of 0.91, a current ratio of 0.35 and a debt-to-equity ratio of 318.09. The company has a market cap of C$26.85 million, a PE ratio of -0.95 and a beta of -0.29. The firm’s fifty day simple moving average is C$0.17 and its 200-day simple moving average is C$0.13.
Northern Graphite Company Profile
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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