Great Lakes Graphite (CVE:GLK) Share Price Crosses Above 50 Day Moving Average – What’s Next?

Shares of Great Lakes Graphite Inc (CVE:GLKGet Free Report) passed above its 50-day moving average during trading on Monday . 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 changing hands.

Great Lakes Graphite Stock Up ∞

The company has a market capitalization of C$4.64 million and a PE ratio of -1.75. The firm’s 50 day simple moving average is C$0.03 and its 200 day simple moving average is C$0.04.

About Great Lakes Graphite

(Get Free Report)

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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