Northern Graphite (CVE:NGC) Stock Price Passes Above 200 Day Moving Average – Time to Sell?

Northern Graphite Co. (CVE:NGCGet Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.11 and traded as high as C$0.17. Northern Graphite shares last traded at C$0.17, with a volume of 155,382 shares.

Northern Graphite Price Performance

The firm has a fifty day simple moving average of C$0.11 and a 200 day simple moving average of C$0.11. The company has a market capitalization of C$21.62 million, a PE ratio of -0.66 and a beta of 0.38. The company has a debt-to-equity ratio of 318.09, a quick ratio of 0.91 and a current ratio of 0.35.

About Northern Graphite

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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.

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