Northern Graphite (CVE:NGC) Sets New 12-Month Low at $0.08

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

Northern Graphite Stock Performance

The firm has a fifty day simple moving average of C$0.11 and a 200 day simple moving average of C$0.14. The company has a current ratio of 1.20, a quick ratio of 0.91 and a debt-to-equity ratio of 318.09. The stock has a market cap of C$10.45 million, a price-to-earnings ratio of -0.36 and a beta of 0.42.

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

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.