Focus Graphite (CVE:FMS) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Focus Graphite Inc. (CVE:FMSGet Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.10 and traded as high as C$0.10. Focus Graphite shares last traded at C$0.10, with a volume of 318,511 shares.

Focus Graphite Stock Performance

The firm’s fifty day moving average price is C$0.09 and its 200-day moving average price is C$0.10. The firm has a market cap of C$8.40 million, a price-to-earnings ratio of -3.27 and a beta of 2.71.

About Focus Graphite

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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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