Focus Graphite Inc. (CVE:FMS – Get Free Report) dropped 16% during trading on Friday . The stock traded as low as C$0.11 and last traded at C$0.11. Approximately 255,005 shares traded hands during trading, an increase of 449% from the average daily volume of 46,464 shares. The stock had previously closed at C$0.13.
Focus Graphite Stock Performance
The company has a market capitalization of C$6.56 million, a PE ratio of -5.25 and a beta of 2.71. The stock’s 50-day simple moving average is C$0.09 and its 200 day simple moving average is C$0.10. The company has a debt-to-equity ratio of 6.84, a quick ratio of 0.74 and a current ratio of 0.09.
Focus Graphite Company Profile
Focus Graphite Inc, an exploration stage company, acquires, explores, and develops mineral properties in Quebec, Canada. The company explores for graphite, iron, copper, rare-earth elements, and gold deposits. Its flagship project is the Lac Knife property in which it holds 100% interests that consists of 62 claims covering an area of 3,248.18 hectares located in the Côte Nord region of Québec.
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