Focus Graphite Inc. (CVE:FMS – Get Free Report)’s share price dropped 9.1% on Thursday . The company traded as low as C$0.10 and last traded at C$0.10. Approximately 128,548 shares were traded during trading, an increase of 106% from the average daily volume of 62,377 shares. The stock had previously closed at C$0.11.
Focus Graphite Stock Down 9.1 %
The firm has a fifty day moving average price of C$0.09 and a 200-day moving average price of C$0.10. The firm has a market cap of C$8.40 million, a price-to-earnings ratio of -3.27 and a beta of 2.71.
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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