Shares of Graphite One Inc. (CVE:GPH – Get Free Report) crossed below its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of C$1.03 and traded as low as C$0.83. Graphite One shares last traded at C$0.85, with a volume of 34,497 shares.
Analyst Upgrades and Downgrades
Separately, Fundamental Research set a C$2.50 target price on Graphite One and gave the stock a “buy” rating in a research report on Friday, July 3rd. One analyst has rated the stock with a Buy rating. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of C$2.50.
Get Our Latest Stock Analysis on Graphite One
Graphite One Price Performance
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.
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