Focus Graphite Inc. (CVE:FMS – Get Free Report) shot up 10% during mid-day trading on Thursday . The company traded as high as C$0.12 and last traded at C$0.11. 204,240 shares were traded during mid-day trading, an increase of 469% from the average session volume of 35,886 shares. The stock had previously closed at C$0.10.
Focus Graphite Stock Performance
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 stock’s 50 day moving average price is C$0.08 and its 200 day moving average price is C$0.10. The company has a market capitalization of C$7.50 million, a P/E ratio of -6.00 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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