Graphite One (CVE:GPH) Stock Price Down 0.5% – What’s Next?

Graphite One Inc. (CVE:GPH) shares traded down 0.5% during mid-day trading on Tuesday . The company traded as low as C$1.80 and last traded at C$1.89. 433,764 shares were traded during trading, an increase of 10% from the average session volume of 393,475 shares. The stock had previously closed at C$1.90.

Analyst Ratings Changes

Separately, Fundamental Research set a C$2.85 target price on Graphite One and gave the company a “buy” rating in a research report on Tuesday, October 14th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of C$2.85.

Graphite One Price Performance

The stock has a market cap of C$301.31 million, a PE ratio of -27.67 and a beta of 1.73. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.33 and a current ratio of 1.09. The business has a 50 day moving average price of C$1.96 and a two-hundred day moving average price of C$1.40.

About Graphite One

Graphite One Inc operates as mineral exploration company in the United States. The company holds interest in the Graphite Creek property that consists of 135 mining claims located on the Seward Peninsula, Alaska. The company was formerly known as Graphite One Resources Inc and changed its name to Graphite One Inc in February 2019. Graphite One Inc was incorporated in 2006 and is headquartered in Vancouver, Canada.