Northern Graphite (CVE:NGC) Stock Price Down 4.5% – Here’s What Happened

Northern Graphite Co. (CVE:NGCGet 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

(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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