Nouveau Monde Graphite (CVE:NOU) Hits New 52-Week Low – What’s Next?

Nouveau Monde Graphite Inc. (CVE:NOUGet Free Report)’s share price reached a new 52-week low during trading on Tuesday . The stock traded as low as C$1.75 and last traded at C$1.78, with a volume of 15241 shares. The stock had previously closed at C$1.78.

Nouveau Monde Graphite Stock Performance

The company has a market capitalization of C$199.21 million, a PE ratio of -1.78 and a beta of 1.82. The firm has a 50-day moving average of C$2.01 and a two-hundred day moving average of C$2.32. The company has a quick ratio of 1.29, a current ratio of 1.85 and a debt-to-equity ratio of 15.36.

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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