Northern Graphite (CVE:NGC) Shares Cross Above Two Hundred Day Moving Average – Should You Sell?

Northern Graphite Co. (CVE:NGC)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.11 and traded as high as C$0.14. Northern Graphite shares last traded at C$0.12, with a volume of 56,800 shares trading hands.

Northern Graphite Stock Performance

The company has a current ratio of 0.35, a quick ratio of 0.91 and a debt-to-equity ratio of 318.09. The stock has a market capitalization of C$15.72 million, a price-to-earnings ratio of -0.48 and a beta of 0.38. The firm’s fifty day moving average price is C$0.14 and its 200 day moving average price is C$0.11.

Northern Graphite Company Profile

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.