Graphite One (CVE:GPH) Shares Cross Above 200-Day Moving Average – Time to Sell?

Graphite One Inc. (CVE:GPH)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.83 and traded as high as C$0.91. Graphite One shares last traded at C$0.91, with a volume of 81,825 shares trading hands.

Graphite One Trading Down 1.1 %

The firm has a market capitalization of C$91.13 million, a price-to-earnings ratio of -12.94 and a beta of 1.02. The business’s 50 day moving average price is C$0.94 and its 200-day moving average price is C$0.83. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.09 and a quick ratio of 0.33.

About Graphite One

Graphite One Inc operates as mineral exploration company in the United States. The company holds interest in the Graphite Creek property that consists of 135 mining claims located on the Seward Peninsula, Alaska. The company was formerly known as Graphite One Resources Inc and changed its name to Graphite One Inc in February 2019.