Northern Graphite Co. (CVE:NGC – Get Free Report) was up 11.9% during trading on Thursday . The company traded as high as C$0.24 and last traded at C$0.24. Approximately 562,359 shares changed hands during trading, an increase of 221% from the average daily volume of 174,918 shares. The stock had previously closed at C$0.21.
Northern Graphite Stock Performance
The firm has a market capitalization of C$34.91 million, a PE ratio of -1.24 and a beta of -0.29. The stock has a 50-day moving average price of C$0.17 and a 200-day moving average price of C$0.13. The company has a debt-to-equity ratio of 318.09, a current ratio of 0.35 and a quick ratio of 0.91.
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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