Shares of Focus Graphite Inc. (CVE:FMS – Get Free Report) dropped 18.4% during mid-day trading on Saturday . The company traded as low as C$0.37 and last traded at C$0.40. Approximately 1,242,463 shares traded hands during trading, an increase of 722% from the average daily volume of 151,200 shares. The stock had previously closed at C$0.49.
Focus Graphite Stock Down 18.4%
The company has a 50-day moving average price of C$0.46 and a 200-day moving average price of C$0.27. The company has a market capitalization of C$38.07 million, a price-to-earnings ratio of -13.33 and a beta of 4.12.
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.
Further Reading
- Five stocks we like better than Focus Graphite
- What Are Dividend Achievers? An Introduction
- A Magnificent AI Bet? Stanley Druckenmiller’s Latest Tech Moves
- Best Stocks Under $5.00
- 12 Analysts Just Raised CrowdStrike Targets—Here’s What They See Coming
- Do Real Estate Investment Trusts Deserve a Place in Your Portfolio?
- Palo Alto Networks Stock Just Pulled Back—Is This a Prime Buy Zone?
Receive News & Ratings for Focus Graphite Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Focus Graphite and related companies with MarketBeat.com's FREE daily email newsletter.
