Northern Graphite Co. (CVE:NGC – Get Free Report)’s share price reached a new 52-week low during trading on Thursday . The company traded as low as C$0.10 and last traded at C$0.10, with a volume of 137067 shares traded. The stock had previously closed at C$0.11.
Northern Graphite Stock Down 2.0%
The stock has a market cap of C$16.27 million, a price-to-earnings ratio of -0.52 and a beta of -1.33. 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 firm’s 50 day moving average is C$0.12 and its two-hundred day moving average is C$0.15.
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. It also has an option to earn up to an 80% interest in the South Okak nickel-copper-cobalt project located southeast of Voisey's Bay, Labrador.
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