Focus Graphite Inc. (CVE:FMS – Get Free Report) shares traded up 10% on Thursday . The stock traded as high as C$0.12 and last traded at C$0.11. 204,240 shares changed hands during mid-day trading, an increase of 469% from the average session volume of 35,886 shares. The stock had previously closed at C$0.10.
Focus Graphite Stock Down 16.0 %
The firm’s fifty day moving average price is C$0.09 and its 200-day moving average price is C$0.10. The company has a current ratio of 0.09, a quick ratio of 0.74 and a debt-to-equity ratio of 6.84. The company 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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