Focus Graphite Inc. (CVE:FMS – Get Free Report)’s share price fell 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 were traded 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 Price Performance
The firm has a market capitalization of C$6.56 million, a P/E ratio of -5.25 and a beta of 2.71. The stock’s 50 day simple moving average is C$0.09 and its 200 day simple moving average is C$0.10. The company has a debt-to-equity ratio of 6.84, a quick ratio of 0.74 and a current ratio of 0.09.
Focus Graphite Company Profile
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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