Shares of Focus Graphite Inc. (CVE:FMS – Get Free Report) fell 16% during trading on Friday . The company traded as low as C$0.11 and last traded at C$0.11. 287,005 shares were traded during trading, an increase of 501% from the average session volume of 47,744 shares. The stock had previously closed at C$0.13.
Focus Graphite Stock Performance
The stock has a 50-day simple moving average of C$0.09 and a 200-day simple moving average of C$0.10. The stock has a market cap of C$6.56 million, a PE ratio of -5.25 and a beta of 2.71. The company has a debt-to-equity ratio of 6.84, a current ratio of 0.09 and a quick ratio of 0.74.
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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