Focus Graphite (CVE:FMS) Stock Price Down 18.4% – Time to Sell?

Focus Graphite Inc. (CVE:FMSGet Free Report)’s stock price fell 18.4% on Saturday . The stock traded as low as C$0.37 and last traded at C$0.40. 1,242,463 shares were traded during trading, an increase of 722% from the average session volume of 151,200 shares. The stock had previously closed at C$0.49.

Focus Graphite Price Performance

The stock has a market cap of C$38.07 million, a price-to-earnings ratio of -13.33 and a beta of 4.12. The stock’s 50 day simple moving average is C$0.46 and its two-hundred day simple moving average is C$0.27.

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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