Nouveau Monde Graphite Inc. (CVE:NOU - Get Free Report)'s share price rose 18.5% during mid-day trading on Wednesday . The company traded as high as C$2.37 and last traded at C$2.37. Approximately 93,406 shares changed hands during trading, an increase of 106% from the average daily volume of 45,349 shares. The stock had previously closed at C$2.00.
Nouveau Monde Graphite Stock Up 21.0 %
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 company has a market cap of C$272.37 million, a P/E ratio of -2.42 and a beta of 1.82. The firm's 50 day moving average price is C$1.95 and its 200-day moving average price is C$2.17.
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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