Focus Graphite (CVE:FMS) Shares Up 10% – Here’s What Happened

Shares of Focus Graphite Inc. (CVE:FMSGet Free Report) traded up 10% during trading on Thursday . The stock traded as high as C$0.12 and last traded at C$0.11. 204,240 shares changed hands during 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 Trading Up 9.1 %

The company has a market cap of C$7.50 million, a PE ratio of -6.00 and a beta of 2.71. The company has a 50-day moving average of C$0.08 and a 200 day moving average of C$0.10. The company has a debt-to-equity ratio of 6.84, a current ratio of 0.09 and a quick ratio of 0.74.

Focus Graphite Company Profile

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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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