Northern Graphite (CVE:NGC) Share Price Crosses Above 200-Day Moving Average – Should You Sell?

by · The Markets Daily

Shares of Northern Graphite Co. (CVE:NGC – Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.10 and traded as high as C$0.16. Northern Graphite shares last traded at C$0.16, with a volume of 23,500 shares traded.

Northern Graphite Stock Down 3.2 %

The company has a debt-to-equity ratio of 318.09, a quick ratio of 0.91 and a current ratio of 0.35. The firm has a market capitalization of C$19.65 million, a price-to-earnings ratio of -0.60 and a beta of 0.38. The firm has a fifty day moving average price of C$0.11 and a 200 day moving average price of 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.

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