Northern Graphite (CVE:NGC) Hits New 12-Month Low – Here’s What Happened

Shares of Northern Graphite Co. (CVE:NGC – Get Free Report) reached a new 52-week low during trading on Tuesday. The company traded as low as C$0.08 and last traded at C$0.08, with a volume of 12256 shares traded. The stock had previously closed at C$0.09.

Northern Graphite Price Performance

The company has a debt-to-equity ratio of 318.09, a quick ratio of 0.91 and a current ratio of 0.35. The stock has a market capitalization of C$13.28 million, a PE ratio of -0.42 and a beta of -1.54. The stock’s 50 day moving average is C$0.10 and its two-hundred day moving average is C$0.14.

Northern Graphite Company Profile

(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. 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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