Shares of Great Lakes Graphite Inc (CVE:GLK – Get Free Report) passed above its fifty day moving average during trading on Wednesday. The stock has a fifty day moving average of C$0.03 and traded as high as C$0.04. Great Lakes Graphite shares last traded at C$0.04, with a volume of 73,021 shares traded.
Great Lakes Graphite Stock Performance
The firm has a market cap of C$4.64 million and a price-to-earnings ratio of -1.75. The stock’s 50 day simple moving average is C$0.03 and its 200-day simple moving average is C$0.04.
Great Lakes Graphite Company Profile
Great Lakes Graphite Inc, doing business as NovoCarbon Corporation, engages in the acquisition and exploration of mineral properties in Canada. It holds a 100% interest in the Lochaber graphite project, which includes 45 claims covering 2,649 hectares located in the Buckingham Graphite region in Outaouais/Gatineau, Québec. The company was formerly known as Shield Gold Inc and changed its name to Great Lakes Graphite Inc in May 2014. Great Lakes Graphite Inc is based in Toronto, Canada.
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