Northern Graphite (CVE:NGC) Share Price Passes Above 200-Day Moving Average – Here’s What Happened

Shares of Northern Graphite Co. (CVE:NGCGet Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.15 and traded as high as C$0.17. Northern Graphite shares last traded at C$0.16, with a volume of 115,729 shares trading hands.

Northern Graphite Stock Performance

The company has a market capitalization of C$23.58 million, a PE ratio of -0.67 and a beta of -0.34. The stock’s fifty day simple moving average is C$0.19 and its 200-day simple moving average is C$0.15. The company has a debt-to-equity ratio of 318.09, a quick ratio of 0.91 and a current ratio of 0.35.

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.

Recommended Stories

Receive News & Ratings for Northern Graphite Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Northern Graphite and related companies with MarketBeat.com's FREE daily email newsletter.