Focus Graphite Inc. (CVE:FMS – Get Free Report) traded up 10% on Thursday . The stock traded as high as C$0.12 and last traded at C$0.11. 204,240 shares were traded during trading, an increase of 469% from the average session volume of 35,886 shares. The stock had previously closed at C$0.10.
Focus Graphite Price Performance
The business has a 50-day moving average of C$0.08 and a two-hundred day moving average of C$0.10. 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 firm has a market cap of C$7.50 million, a P/E ratio of -6.00 and a beta of 2.71.
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.
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