Focus Graphite (OTCMKTS:FCSMF) Share Price Crosses Below Two Hundred Day Moving Average – What’s Next?

Shares of Focus Graphite Inc. (OTCMKTS:FCSMFGet Free Report) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $0.06 and traded as low as $0.05. Focus Graphite shares last traded at $0.05, with a volume of 1,604 shares.

Focus Graphite Stock Down 8.9 %

The business has a fifty day simple moving average of $0.06 and a 200-day simple moving average of $0.06.

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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