Focus Graphite Inc. (CVE:FMS – Get Free Report)’s stock price dropped 9.1% during trading on Thursday . The company traded as low as C$0.10 and last traded at C$0.10. Approximately 128,548 shares traded hands during mid-day trading, an increase of 106% from the average daily volume of 62,377 shares. The stock had previously closed at C$0.11.
Focus Graphite Stock Performance
The company has a market capitalization of C$8.66 million, a P/E ratio of -3.36 and a beta of 2.71. The stock’s 50 day moving average price is C$0.09 and its 200 day moving average price is C$0.10.
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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