Focus Graphite (CVE:FMS) Trading Up 26.3% – Time to Buy?

Focus Graphite Inc. (CVE:FMSGet Free Report) shares rose 26.3% during mid-day trading on Monday . The stock traded as high as C$0.76 and last traded at C$0.72. Approximately 288,594 shares were traded during trading, an increase of 105% from the average daily volume of 141,099 shares. The stock had previously closed at C$0.57.

Focus Graphite Stock Up 15.5%

The company has a market cap of C$63.76 million, a PE ratio of -22.33 and a beta of 4.09. The stock’s 50 day moving average is C$0.40 and its 200-day moving average is C$0.23.

About Focus Graphite

(Get Free Report)

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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