Nouveau Monde Graphite (CVE:NOU) Reaches New 52-Week Low – Time to Sell?

Nouveau Monde Graphite Inc. (CVE:NOUGet Free Report) shares hit a new 52-week low on Tuesday . The company traded as low as C$1.75 and last traded at C$1.78, with a volume of 15241 shares changing hands. The stock had previously closed at C$1.78.

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 stock’s 50 day simple moving average is C$2.00 and its two-hundred day simple moving average is C$2.31. The stock has a market cap of C$196.96 million, a P/E ratio of -1.75 and a beta of 1.82.

About Nouveau Monde Graphite

(Get Free Report)

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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