Northern Graphite (CVE:NGC) Reaches New 52-Week Low at $0.08

Shares of Northern Graphite Co. (CVE:NGC) reached a new 52-week low on Thursday . The company traded as low as C$0.08 and last traded at C$0.08, with a volume of 121080 shares trading hands. The stock had previously closed at C$0.09.

Northern Graphite Price Performance

The company has a debt-to-equity ratio of 318.09, a current ratio of 1.20 and a quick ratio of 0.91. The firm has a market cap of C$10.45 million, a P/E ratio of -0.36 and a beta of 0.42. The stock’s 50-day simple moving average is C$0.11 and its two-hundred day simple moving average is C$0.14.

Northern Graphite (CVE:NGC) last posted its quarterly earnings results on Thursday, May 30th. The company reported C($0.07) EPS for the quarter. The company had revenue of C$5.53 million during the quarter. Northern Graphite had a negative return on equity of 137.14% and a negative net margin of 151.33%.

Northern Graphite Company Profile

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.