Northern Graphite (CVE:NGC) Hits New 12-Month Low at $0.13

Northern Graphite Corp (CVE:NGC) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.13 and last traded at C$0.13, with a volume of 32000 shares traded. The stock had previously closed at C$0.14.

The stock has a market capitalization of $9.12 million and a price-to-earnings ratio of -12.73.

Northern Graphite (CVE:NGC) last posted its quarterly earnings data on Wednesday, April 17th. The company reported C($0.01) earnings per share for the quarter.

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About Northern Graphite (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.

See Also: Debt-To-Equity Ratio

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