Northern Graphite (TSE:NGC) has released an update.
Northern Graphite Corporation reports strong operational performance with increased output from their Lac des Iles mine and near record graphite sales, despite challenging market conditions. The company has taken steps to preserve working capital and strengthen their balance sheet, while also grappling with financial covenant defaults which have since been waived.
For further insights into TSE:NGC stock, check out TipRanks’ Stock Analysis page.