Focus Graphite Inc. (CVE:FMS – Get Free Report) shares dropped 16% during mid-day trading on Friday . The company traded as low as C$0.11 and last traded at C$0.11. Approximately 287,005 shares traded hands during mid-day trading, an increase of 501% from the average daily volume of 47,744 shares. The stock had previously closed at C$0.13.
Focus Graphite Stock Performance
The stock has a market cap of C$6.56 million, a price-to-earnings ratio of -5.25 and a beta of 2.71. The company’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.
About Focus Graphite
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.
See Also
- Five stocks we like better than Focus Graphite
- How to Evaluate a Stock Before Buying
- IBM’s AI Bet Pays Off—What’s Next for Investors?
- Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness
- 3 Reasons to Treat AMD’s Drop as an Entry Opportunity
- How to Plot Fibonacci Price Inflection Levels
- Qualcomm’s Post-Earnings Dip: A Prime Buying Opportunity?
Receive News & Ratings for Focus Graphite Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Focus Graphite and related companies with MarketBeat.com's FREE daily email newsletter.
