Northern Graphite (CVE:NGC) Hits New 1-Year Low – What’s Next?

Shares of Northern Graphite Co. (CVE:NGC – Get Free Report) hit a new 52-week low on Monday. The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 3,500 shares traded. The stock had previously closed at C$0.06.

Northern Graphite Price Performance

The firm has a 50 day moving average of C$0.08 and a two-hundred day moving average of C$0.15. The firm has a market capitalization of C$9.96 million, a price-to-earnings ratio of -0.32 and a beta of -1.61. The company has a quick ratio of 0.91, a current ratio of 0.35 and a debt-to-equity ratio of 318.09.

About Northern Graphite

(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.

See Also

Receive News & Ratings for Northern Graphite Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Northern Graphite and related companies with MarketBeat.com's FREE daily email newsletter.