Northern Graphite (CVE:NGC) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Northern Graphite Co. (CVE:NGC)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.10 and traded as high as C$0.14. Northern Graphite shares last traded at C$0.14, with a volume of 72,377 shares.

Northern Graphite Stock Performance

The firm’s fifty day moving average is C$0.14 and its 200-day moving average is C$0.10. 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 stock has a market capitalization of C$17.69 million, a PE ratio of -0.54 and a beta of 0.38.

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.