Focus Graphite Inc. (CVE:FMS – Get Free Report)’s share price was up 22.9% during mid-day trading on Tuesday . The stock traded as high as C$0.46 and last traded at C$0.43. Approximately 1,525,634 shares traded hands during trading, an increase of 817% from the average daily volume of 166,346 shares. The stock had previously closed at C$0.35.
Focus Graphite Trading Up 20.0%
The company has a market capitalization of C$43.86 million, a PE ratio of -14.00 and a beta of 0.61. The stock’s fifty day moving average is C$0.47 and its two-hundred day moving average is C$0.32.
About Focus Graphite
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. The company was formerly known as Focus Metals Inc and changed its name to Focus Graphite Inc in May 2012.
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