Focus Graphite Inc. (CVE:FMS – Get Free Report)’s stock price dropped 16% on Saturday . The stock traded as low as C$0.11 and last traded at C$0.11. Approximately 287,005 shares traded hands during trading, an increase of 501% from the average daily volume of 47,744 shares. The stock had previously closed at C$0.13.
Focus Graphite Trading Down 16.0 %
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 debt-to-equity ratio of 6.84, a current ratio of 0.09 and a quick ratio of 0.74. The business’s 50-day simple moving average is C$0.09 and its 200-day simple moving average is 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.
Further Reading
- Five stocks we like better than Focus Graphite
- How to buy stock: A step-by-step guide for beginners
- Chipotle’s Slip: A Short-Term Dip or Long-Term Opportunity?
- Biggest Stock Losers – Today’s Biggest Percentage Decliners
- Why New Tariffs Could Boost These 3 Basic Materials Stocks
- What Investors Need to Know About Upcoming IPOs
- MarketBeat Week in Review – 02/03 – 02/07
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.
