Shares of Focus Graphite Inc. (CVE:FMS – Get Free Report) were down 16% during trading on Saturday . The company traded as low as C$0.11 and last traded at C$0.11. Approximately 287,005 shares traded hands during mid-day trading, an increase of 501% from the average daily volume of 47,744 shares. The stock had previously closed at C$0.13.
Focus Graphite Price Performance
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 company’s fifty day moving average is C$0.09 and its 200 day moving average is C$0.10. The firm has a market cap of C$6.56 million, a price-to-earnings ratio of -5.25 and a beta of 2.71.
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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