Shares of Focus Graphite Inc. (CVE:FMS – Get Free Report) traded down 16% during mid-day trading on Friday . The stock traded as low as C$0.11 and last traded at C$0.11. 255,005 shares changed hands during mid-day trading, an increase of 507% from the average session volume of 42,024 shares. The stock had previously closed at C$0.13.
Focus Graphite Trading Down 16.0 %
The company has a 50 day simple moving average of C$0.09 and a 200 day simple moving average of C$0.10. The company has a market capitalization of C$6.56 million, a PE ratio of -5.25 and a beta of 2.71. The company has a debt-to-equity ratio of 6.84, a quick ratio of 0.74 and a current ratio of 0.09.
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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