Focus Graphite (CVE:FMS) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Focus Graphite Inc. (CVE:FMSGet Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.27 and traded as high as C$0.50. Focus Graphite shares last traded at C$0.48, with a volume of 147,388 shares changing hands.

Focus Graphite Trading Down 1.0%

The firm has a market capitalization of C$45.20 million, a price-to-earnings ratio of -15.83 and a beta of 4.12. The company has a 50-day moving average of C$0.46 and a 200-day moving average of C$0.27.

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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