Northern Graphite (CVE:NGC) Stock Price Up 26.9% – What’s Next?

Northern Graphite Co. (CVE:NGCGet Free Report)’s share price shot up 26.9% on Tuesday . The stock traded as high as C$0.17 and last traded at C$0.17. 163,914 shares were traded during mid-day trading, an increase of 58% from the average session volume of 103,679 shares. The stock had previously closed at C$0.13.

Northern Graphite Trading Down 3.0 %

The stock has a market cap of C$20.96 million, a P/E ratio of -0.64 and a beta of 0.38. The firm’s fifty day moving average price is C$0.11 and its two-hundred day moving average price is C$0.10. 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

(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.

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