Nouveau Monde Graphite Inc. (CVE:NOU - Get Free Report)'s stock price shot up 18.8% on Tuesday . The company traded as high as C$3.60 and last traded at C$3.60. 85,242 shares were traded during mid-day trading, an increase of 32% from the average session volume of 64,689 shares. The stock had previously closed at C$3.03.
Nouveau Monde Graphite Stock Up 10.9 %
The company has a debt-to-equity ratio of 15.36, a quick ratio of 1.29 and a current ratio of 1.85. The firm has a market cap of C$378.17 million, a price-to-earnings ratio of -3.36 and a beta of 1.82. The business's 50 day moving average price is C$2.03 and its 200 day moving average price is C$2.13.
About Nouveau Monde Graphite
(
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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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