Northern Graphite (CVE:NGC) Hits New 12-Month Low at $0.12

Northern Graphite Co. (CVE:NGC)’s stock price reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.12 and last traded at C$0.12, with a volume of 42821 shares. The stock had previously closed at C$0.13.

Northern Graphite Trading Down 4.0 %

The business has a fifty day moving average of C$0.13 and a 200-day moving average of C$0.17. The stock has a market capitalization of C$15.66 million, a price-to-earnings ratio of -0.69 and a beta of 0.52. The company has a debt-to-equity ratio of 131.62, a current ratio of 1.68 and a quick ratio of 0.91.

Northern Graphite (CVE:NGC) last issued its quarterly earnings results on Tuesday, April 30th. The company reported C($0.06) earnings per share for the quarter. The company had revenue of C$4.21 million during the quarter. Northern Graphite had a negative return on equity of 91.00% and a negative net margin of 138.27%.

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.