Focus Graphite Inc. (CVE:FMS – Get Free Report)’s stock price traded up 30% on Friday . The company traded as high as C$0.15 and last traded at C$0.13. 330,665 shares were traded during mid-day trading, an increase of 255% from the average session volume of 93,113 shares. The stock had previously closed at C$0.10.
Focus Graphite Stock Up 30.0%
The company’s 50 day simple moving average is C$0.09 and its two-hundred day simple moving average is C$0.09. The company has a market capitalization of C$10.92 million, a price-to-earnings ratio of -4.24 and a beta of 2.71.
Insider Activity at Focus Graphite
In other Focus Graphite news, Director Jeffrey York sold 1,000,000 shares of Focus Graphite stock in a transaction dated Tuesday, April 29th. The stock was sold at an average price of C$0.10, for a total transaction of C$100,000.00. 9.06% of the stock is owned by insiders.
About Focus Graphite
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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