Graphite One (OTC:GPHOF) Coverage Initiated at Roth Capital

Equities researchers at Roth Capital began coverage on shares of Graphite One (OTC:GPHOFGet Rating) in a research note issued to investors on Tuesday, The Fly reports. The brokerage set a “buy” rating on the stock.

Shares of OTC GPHOF traded down $0.10 during trading on Tuesday, hitting $1.04. 22,742 shares of the company traded hands, compared to its average volume of 48,222. The firm has a fifty day moving average of $1.34. Graphite One has a fifty-two week low of $0.70 and a fifty-two week high of $2.00.

About Graphite One (Get Rating)

Graphite One Inc engages in the acquisition, exploration, and evaluation of graphitic mineral properties in the United States. It holds interest in the Graphite Creek property that consists of 176 mining claims covering an area of 9,583 hectares located on the Seward Peninsula of Alaska. The company was formerly known as Graphite One Resources Inc and changed its name to Graphite One Inc in February 2019.

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