Northern Graphite (CVE:NGC) Trading 16.7% Higher

Northern Graphite Corp (CVE:NGC) traded up 16.7% on Monday . The stock traded as high as C$0.07 and last traded at C$0.07, 305,600 shares traded hands during mid-day trading. An increase of 1,004% from the average session volume of 27,686 shares. The stock had previously closed at C$0.06.

The stock has a market capitalization of $3.91 million and a PE ratio of -6.82. The firm has a 50 day moving average of C$0.08 and a two-hundred day moving average of C$0.13.

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.

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