Northern Graphite Co. (CVE:NGC – Get Free Report)’s stock price traded up 42.1% on Friday . The stock traded as high as C$0.15 and last traded at C$0.14. 1,550,740 shares changed hands during mid-day trading, an increase of 1,833% from the average session volume of 80,219 shares. The stock had previously closed at C$0.10.
Northern Graphite Stock Performance
The company has a market cap of C$17.03 million, a price-to-earnings ratio of -0.52 and a beta of 0.38. The company has a debt-to-equity ratio of 318.09, a quick ratio of 0.91 and a current ratio of 0.35. The company has a fifty day moving average of C$0.09 and a two-hundred day moving average of C$0.11.
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.
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