Focus Graphite (CVE:FMS) Hits New 1-Year Low – What’s Next?

Focus Graphite Inc. (CVE:FMSGet Free Report) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.08 and last traded at C$0.08, with a volume of 40241 shares changing hands. The stock had previously closed at C$0.08.

Focus Graphite Price Performance

The stock has a 50-day moving average of C$0.09 and a two-hundred day moving average of C$0.12. The firm has a market cap of C$4.68 million, a price-to-earnings ratio of -3.75 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.

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.

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