Focus Graphite Inc. (CVE:FMS – Get Free Report) rose 26.7% during trading on Wednesday . The stock traded as high as C$0.38 and last traded at C$0.38. Approximately 278,095 shares traded hands during trading, an increase of 103% from the average daily volume of 137,193 shares. The stock had previously closed at C$0.30.
Focus Graphite Stock Performance
The company has a market capitalization of C$31.93 million, a PE ratio of -12.41 and a beta of 2.71. The firm’s 50-day simple moving average is C$0.18 and its 200 day simple moving average is C$0.12.
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.
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