Shares of Northern Graphite Co. (CVE:NGC – Get Free Report) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$0.12 and traded as high as C$0.12. Northern Graphite shares last traded at C$0.12, with a volume of 61,005 shares trading hands.
Northern Graphite Stock Performance
The company has a fifty day moving average price of C$0.11 and a two-hundred day moving average price of C$0.12. The company has a market capitalization of C$15.07 million, a P/E ratio of -0.46 and a beta of 0.38. The company has a debt-to-equity ratio of 318.09, a current ratio of 0.35 and a quick ratio of 0.91.
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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