Northern Graphite Co. (CVE:NGC – Get Free Report) hit a new 52-week low during trading on Monday . The stock traded as low as C$0.03 and last traded at C$0.12, with a volume of 600 shares trading hands. The stock had previously closed at C$0.11.
Northern Graphite Stock Down 12.5 %
The company has a quick ratio of 0.91, a current ratio of 0.35 and a debt-to-equity ratio of 318.09. The company has a market capitalization of C$13.76 million, a price-to-earnings ratio of -0.42 and a beta of 0.38. The business’s 50-day moving average is C$0.14 and its 200-day moving average is C$0.11.
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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