Focus Graphite (CVE:FMS) Trading Down 16% – Here’s What Happened

Focus Graphite Inc. (CVE:FMSGet Free Report)’s share price traded down 16% during trading on Friday . The company traded as low as C$0.11 and last traded at C$0.11. 255,005 shares were traded during trading, an increase of 507% from the average session volume of 42,024 shares. The stock had previously closed at C$0.13.

Focus Graphite Price Performance

The business has a fifty day moving average price of C$0.09 and a 200 day moving average price of 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. The company has a market cap of C$6.56 million, a price-to-earnings ratio of -5.25 and a beta of 2.71.

About Focus Graphite

(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 Stories

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.