Focus Graphite Inc. (CVE:FMS – Get Free Report)’s stock price shot up 1.5% on Thursday. The stock traded as high as C$0.34 and last traded at C$0.34. 25,565 shares traded hands during trading, a decline of 81% from the average session volume of 133,080 shares. The stock had previously closed at C$0.34.
Focus Graphite Stock Performance
The company’s 50 day moving average price is C$0.39 and its 200-day moving average price is C$0.39. The company has a market cap of C$37.66 million, a price-to-earnings ratio of -6.80 and a beta of 0.35.
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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