Shares of Focus Graphite Inc. (CVE:FMS – Get Free Report) shot up 15% during trading on Wednesday . The company traded as high as C$0.12 and last traded at C$0.12. 156,500 shares changed hands during mid-day trading, an increase of 365% from the average session volume of 33,680 shares. The stock had previously closed at C$0.10.
Focus Graphite Price Performance
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. The company has a current ratio of 0.09, a quick ratio of 0.74 and a debt-to-equity ratio of 6.84. The company has a fifty day moving average price of C$0.09 and a two-hundred day moving average price of C$0.10.
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.
Featured Articles
- Five stocks we like better than Focus Graphite
- What Investors Need to Know About Upcoming IPOs
- IBM’s AI Bet Pays Off—What’s Next for Investors?
- The Top 3 Healthcare Dividend Stocks to Buy and Hold
- 3 Reasons to Treat AMD’s Drop as an Entry Opportunity
- About the Markup Calculator
- Qualcomm’s Post-Earnings Dip: A Prime Buying Opportunity?
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.
