Northern Graphite Co. (CVE:NGC – Get Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.03 and last traded at C$0.12, with a volume of 600 shares changing hands. The stock had previously closed at C$0.11.
Northern Graphite Price Performance
The company’s 50 day simple moving average is C$0.14 and its 200 day simple moving average is C$0.11. The company has a debt-to-equity ratio of 318.09, a current ratio of 0.35 and a quick ratio of 0.91. The stock has a market cap of C$15.72 million, a P/E ratio of -0.48 and a beta of 0.38.
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.
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