Northern Graphite (CVE:NGC) Sets New 52-Week Low at $0.06

Northern Graphite Co. (CVE:NGCGet Free Report)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 242126 shares changing hands. The stock had previously closed at C$0.07.

Northern Graphite Trading Up 9.1 %

The firm has a market cap of C$7.86 million, a P/E ratio of -0.25 and a beta of 0.42. The company has a 50 day moving average of C$0.10 and a 200 day moving average of C$0.13. The company has a debt-to-equity ratio of 318.09, a quick ratio of 0.91 and a current ratio of 1.20.

About Northern Graphite

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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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