Nouveau Monde Graphite Inc. (CVE:NOU – Get Free Report)’s share price rose 5.5% on Tuesday . The stock traded as high as C$3.40 and last traded at C$3.24. Approximately 108,430 shares changed hands during trading, an increase of 29% from the average daily volume of 83,890 shares. The stock had previously closed at C$3.07.
Nouveau Monde Graphite Stock Performance
The company has a quick ratio of 1.29, a current ratio of 1.85 and a debt-to-equity ratio of 15.36. The stock has a fifty day moving average price of C$2.40 and a two-hundred day moving average price of C$2.19. The company has a market capitalization of C$364.66 million, a price-to-earnings ratio of -3.24 and a beta of 1.82.
Nouveau Monde Graphite Company Profile
Nouveau Monde Graphite Inc engages in the acquisition, exploration, development, and evaluation of mineral properties in Quebec, Canada. It primarily explores for graphite. The company's flagship property is the 100% owned Matawinie graphite property including 176 mining claims covering an area of 9,264 hectares located in Quebec.
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