Northern Graphite (CVE:NGC) Reaches New 12-Month Low – What’s Next?

Northern Graphite Co. (CVE:NGCGet Free Report) reached 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 traded. The stock had previously closed at C$0.11.

Northern Graphite Stock Down 12.5 %

The company’s fifty day simple moving average is C$0.14 and its 200-day simple moving average is C$0.11. The firm has a market capitalization of C$13.76 million, a PE ratio of -0.42 and a beta of 0.38. The company has a debt-to-equity ratio of 318.09, a current ratio of 0.35 and a quick ratio of 0.91.

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.

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