Northern Graphite (CVE:NGC) Shares Up 26.9% – Should You Buy?

Shares of Northern Graphite Co. (CVE:NGCGet Free Report) traded up 26.9% during trading on Monday . The stock traded as high as C$0.17 and last traded at C$0.17. 163,914 shares changed hands during mid-day trading, an increase of 58% from the average session volume of 103,642 shares. The stock had previously closed at C$0.13.

Northern Graphite Trading Down 3.0 %

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$20.96 million, a P/E ratio of -0.64 and a beta of 0.38. The stock’s 50-day moving average is C$0.11 and its two-hundred day moving average is C$0.10.

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.

Read More

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.