Shares of Nouveau Monde Graphite Inc. (CVE:NOU - Get Free Report) traded up 25% on Wednesday . The company traded as high as C$2.50 and last traded at C$2.50. 204,894 shares were traded during mid-day trading, an increase of 347% from the average session volume of 45,877 shares. The stock had previously closed at C$2.00.
Nouveau Monde Graphite Stock Performance
The company has a 50-day moving average of C$1.95 and a 200-day moving average of C$2.17. The company has a market cap of C$272.37 million, a PE ratio of -2.42 and a beta of 1.82. The company has a quick ratio of 1.29, a current ratio of 1.85 and a debt-to-equity ratio of 15.36.
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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