Graphite One (CVE:GPH) Stock Price Down 6.3% – Should You Sell?

Graphite One Inc. (CVE:GPHGet Free Report)’s stock price dropped 6.3% during trading on Monday . The company traded as low as C$0.72 and last traded at C$0.75. Approximately 122,399 shares were traded during trading, an increase of 160% from the average daily volume of 46,989 shares. The stock had previously closed at C$0.80.

Graphite One Stock Up 1.4 %

The company has a market capitalization of C$103.94 million, a P/E ratio of -10.57 and a beta of 1.02. The company has a current ratio of 1.63, a quick ratio of 0.33 and a debt-to-equity ratio of 0.05. The stock’s fifty day moving average is C$0.80 and its 200 day moving average is C$0.78.

About Graphite One

(Get Free Report)

Graphite One Inc operates as mineral exploration company in the United States. The company holds interest in the Graphite Creek property that consists of 135 mining claims located on the Seward Peninsula, Alaska. The company was formerly known as Graphite One Resources Inc and changed its name to Graphite One Inc in February 2019.

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