Nouveau Monde Graphite (CVE:NOU) Hits New 12-Month Low – What’s Next?

Nouveau Monde Graphite Inc. (CVE:NOUGet Free Report) shares reached a new 52-week low on Monday . The company traded as low as C$1.70 and last traded at C$1.70, with a volume of 25561 shares trading hands. The stock had previously closed at C$1.76.

Nouveau Monde Graphite Stock Performance

The company has a market cap of C$194.71 million, a PE ratio of -1.75 and a beta of 1.82. The company has a current ratio of 1.85, a quick ratio of 1.29 and a debt-to-equity ratio of 15.36. The business’s 50 day moving average is C$1.98 and its two-hundred day moving average is C$2.26.

Nouveau Monde Graphite Company Profile

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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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