Great Lakes Graphite Inc (CVE:GLK – Get Free Report)’s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$0.03 and traded as high as C$0.04. Great Lakes Graphite shares last traded at C$0.04, with a volume of 73,021 shares trading hands.
Great Lakes Graphite Price Performance
The firm has a market capitalization of C$4.64 million and a price-to-earnings ratio of -1.75. The stock’s 50 day moving average price is C$0.03 and its two-hundred day moving average price is C$0.04.
About Great Lakes Graphite
Great Lakes Graphite Inc, doing business as NovoCarbon Corporation, engages in the acquisition and exploration of mineral properties in Canada. It holds a 100% interest in the Lochaber graphite project, which includes 45 claims covering 2,649 hectares located in the Buckingham Graphite region in Outaouais/Gatineau, Québec.
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