Nouveau Monde Graphite Inc. (CVE:NOU – Get Free Report) rose 18.5% on Wednesday . The company traded as high as C$2.37 and last traded at C$2.37. Approximately 93,406 shares were traded during mid-day trading, an increase of 106% from the average daily volume of 45,349 shares. The stock had previously closed at C$2.00.
Nouveau Monde Graphite Stock Performance
The company has a debt-to-equity ratio of 15.36, a current ratio of 1.85 and a quick ratio of 1.29. The company has a market capitalization of C$258.87 million, a price-to-earnings ratio of -2.33 and a beta of 1.82. The firm has a fifty day simple moving average of C$1.94 and a 200 day simple moving average of C$2.17.
About Nouveau Monde Graphite
Nouveau Monde Graphite Inc engages in the acquisition, exploration, development, and evaluation of mineral properties in Quebec, Canada. It primarily explores for graphite. The company's flagship property is the 100% owned Matawinie graphite property including 176 mining claims covering an area of 9,264 hectares located in Quebec.
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