Focus Graphite (CVE:FMS) Trading Down 16% – What’s Next?

Focus Graphite Inc. (CVE:FMSGet Free Report) shares traded down 16% during mid-day trading on Saturday . The stock traded as low as C$0.11 and last traded at C$0.11. 287,005 shares traded hands during mid-day trading, an increase of 501% from the average session volume of 47,744 shares. The stock had previously closed at C$0.13.

Focus Graphite Trading Down 16.0 %

The company has a quick ratio of 0.74, a current ratio of 0.09 and a debt-to-equity ratio of 6.84. The business’s fifty day moving average is C$0.09 and its 200-day moving average is C$0.10. The stock has a market capitalization of C$6.56 million, a PE ratio of -5.25 and a beta of 2.71.

Focus Graphite Company Profile

(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.

Further Reading

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.