Northern Graphite (CVE:NGC) Reaches New 1-Year High at $0.28

Northern Graphite Corp (CVE:NGC) hit a new 52-week high during mid-day trading on Friday . The company traded as high as C$0.28 and last traded at C$0.22, with a volume of 463509 shares. The stock had previously closed at C$0.18.

The company has a market capitalization of $8.79 million and a PE ratio of -22.00. The stock has a fifty day simple moving average of C$0.10 and a 200-day simple moving average of C$0.09.

Northern Graphite Company Profile (CVE:NGC)

Northern Graphite Corporation explores for and develops mineral properties in Canada. It holds a 100% interest in the Bissett Creek graphite project covering an area of approximately 3,662 hectares located in southeastern Ontario. The company was formerly known as Industrial Minerals Canada Inc and changed its name to Northern Graphite Corporation in March 2010.

Read More: Certificate of Deposit (CD) For Risk Adverse Investors?

Receive News & Ratings for Northern Graphite Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Northern Graphite and related companies with MarketBeat.com's FREE daily email newsletter.