Nouveau Monde Graphite Inc. (CVE:NOU – Get Free Report) rose 5.5% on Wednesday . The stock traded as high as C$3.40 and last traded at C$3.24. Approximately 108,430 shares changed hands during trading, an increase of 29% from the average daily volume of 83,890 shares. The stock had previously closed at C$3.07.
Nouveau Monde Graphite Trading Up 5.5 %
The stock has a market cap of C$493.33 million, a P/E ratio of -5.40 and a beta of 1.82. The company has a current ratio of 1.74, a quick ratio of 1.29 and a debt-to-equity ratio of 16.18. The company has a 50-day moving average price of C$2.85 and a two-hundred day moving average price of C$2.30.
About Nouveau Monde Graphite
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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