Focus Graphite (CVE:FMS) Shares Cross Below 200 Day Moving Average – Time to Sell?

Focus Graphite Inc. (CVE:FMSGet Free Report)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.11 and traded as low as C$0.08. Focus Graphite shares last traded at C$0.08, with a volume of 10,100 shares changing hands.

Focus Graphite Stock Down 11.1 %

The company has a debt-to-equity ratio of 6.84, a quick ratio of 0.74 and a current ratio of 0.09. The company has a market capitalization of C$5.00 million, a PE ratio of -4.00 and a beta of 2.71. The firm’s 50-day simple moving average is C$0.08 and its 200 day simple moving average is C$0.11.

Focus Graphite Company Profile

(Get Free Report)

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.

Featured Articles

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.