Graphite One Inc. (CVE:GPH – Get Free Report) shares dropped 8.7% on Tuesday . The stock traded as low as C$1.16 and last traded at C$1.16. Approximately 134,223 shares traded hands during mid-day trading, a decline of 60% from the average daily volume of 335,048 shares. The stock had previously closed at C$1.27.
Graphite One Price Performance
The stock’s 50-day moving average is C$1.17 and its 200 day moving average is C$1.51. The company has a debt-to-equity ratio of 0.13, a current ratio of 30.04 and a quick ratio of 0.33. The company has a market cap of C$235.53 million, a PE ratio of -16.14 and a beta of 1.32.
About Graphite One
Graphite One Inc operates as mineral exploration company in the United States. The company holds interest in the Graphite Creek property that consists of 135 mining claims located on the Seward Peninsula, Alaska. The company was formerly known as Graphite One Resources Inc and changed its name to Graphite One Inc in February 2019. Graphite One Inc was incorporated in 2006 and is headquartered in Vancouver, Canada.
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