Northern Graphite (CVE:NGC) Reaches New 1-Year Low at $0.06

Shares of Northern Graphite Co. (CVE:NGC) reached a new 52-week low on Monday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 242126 shares trading hands. The stock had previously closed at C$0.07.

Northern Graphite Price Performance

The company has a debt-to-equity ratio of 318.09, a quick ratio of 0.91 and a current ratio of 1.20. The company has a 50-day moving average price of C$0.10 and a 200-day moving average price of C$0.13. The firm has a market capitalization of C$7.21 million, a P/E ratio of -0.25 and a beta of 0.42.

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.