Northern Graphite (CVE:NGC) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

by · The Cerbat Gem

Northern Graphite Co. (CVE:NGC – Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.14 and traded as high as C$0.20. Northern Graphite shares last traded at C$0.19, with a volume of 93,609 shares.

Northern Graphite Price Performance

The stock has a market cap of C$24.84 million, a P/E ratio of -0.88 and a beta of -0.29. The company has a current ratio of 0.35, a quick ratio of 0.91 and a debt-to-equity ratio of 318.09. The company’s fifty day simple moving average is C$0.18 and its 200-day simple moving average is C$0.14.

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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