Graphite One (CVE:GPH) Sets New 1-Year High – Here’s Why

Graphite One Inc. (CVE:GPH)’s share price reached a new 52-week high on Friday . The company traded as high as C$1.04 and last traded at C$1.01, with a volume of 129804 shares traded. The stock had previously closed at C$0.95.

Graphite One Stock Up 6.3 %

The business has a 50-day moving average price of C$0.75 and a two-hundred day moving average price of C$0.78. The company has a quick ratio of 0.33, a current ratio of 1.63 and a debt-to-equity ratio of 0.05. The firm has a market cap of C$139.97 million, a PE ratio of -14.43 and a beta of 1.02.

Graphite One (CVE:GPH) last issued its earnings results on Friday, November 8th. The company reported C($0.01) EPS for the quarter. On average, equities research analysts expect that Graphite One Inc. will post -0.0196522 EPS for the current year.

About Graphite One

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.