Nouveau Monde Graphite Inc. (CVE:NOU – Get Free Report) shares were up 5.5% on Wednesday . The stock traded as high as C$3.40 and last traded at C$3.24. 108,430 shares were traded during trading, an increase of 29% from the average session volume of 83,890 shares. The stock had previously closed at C$3.07.
Nouveau Monde Graphite Price Performance
The business’s 50 day moving average is C$3.24 and its two-hundred day moving average is C$3.24. The firm has a market cap of C$493.33 million, a P/E ratio of -5.40 and a beta of 1.82. The company has a quick ratio of 1.29, a current ratio of 3.58 and a debt-to-equity ratio of 105.58.
Nouveau Monde Graphite Company Profile
Nouveau Monde Graphite Inc engages in the acquisition, exploration, development, and evaluation of mineral properties in Quebec, Canada. It primarily explores for graphite. The company's flagship property is the 100% owned Matawinie graphite property including 176 mining claims covering an area of 9,264 hectares located in Quebec. It also involved in the real estate and trading activities. The company was formerly known as Nouveau Monde Mining Enterprises Inc and changed its name to Nouveau Monde Graphite Inc in February 2017.
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