Shares of NanoXplore Inc (CVE:GRA) rose 1.4% on Tuesday . The company traded as high as C$1.46 and last traded at C$1.46, approximately 5,288 shares changed hands during mid-day trading. A decline of 70% from the average daily volume of 17,628 shares. The stock had previously closed at C$1.44.
Separately, Beacon Securities restated a “buy” rating on shares of NanoXplore in a research report on Tuesday, May 28th.
The stock has a market cap of $117.49 million and a price-to-earnings ratio of -18.48. The company’s 50-day simple moving average is C$1.29. The company has a debt-to-equity ratio of 76.56, a quick ratio of 1.95 and a current ratio of 2.34.
About NanoXplore (CVE:GRA)
NanoXplore, Inc, a graphene company, manufactures and supplies graphene powder for use in industrial markets. It offers graphene-based solutions, including GrapheneBlack powder, graphene-plastic masterbatch pellets, and graphene-enhanced polymers. The company also provides standard and custom enhanced thermoplastic products to customers in transportation, packaging, electronics, and other industrial sectors.
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