Focus Graphite (CVE:FMS) Sets New 52-Week Low – Here’s What Happened

Focus Graphite Inc. (CVE:FMSGet Free Report) reached a new 52-week low on Monday . The company traded as low as C$0.08 and last traded at C$0.08, with a volume of 134324 shares. The stock had previously closed at C$0.08.

Focus Graphite Price Performance

The company has a quick ratio of 0.74, a current ratio of 0.09 and a debt-to-equity ratio of 6.84. The company has a market capitalization of C$4.68 million, a price-to-earnings ratio of -3.75 and a beta of 2.71. The stock’s 50-day simple moving average is C$0.08 and its two-hundred day simple moving average is C$0.11.

Focus Graphite Company Profile

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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.

Further Reading

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