Graphite One (CVE:GPH) Stock Crosses Below 200-Day Moving Average of $0.93

Graphite One Inc. (CVE:GPH)’s share price passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.93 and traded as low as C$0.79. Graphite One shares last traded at C$0.79, with a volume of 16,100 shares.

Graphite One Trading Down 3.7 %

The company has a quick ratio of 0.33, a current ratio of 0.80 and a debt-to-equity ratio of 8.67. The company has a market cap of C$104.50 million, a P/E ratio of -7.90 and a beta of 0.76. The firm’s 50 day moving average is C$0.87 and its two-hundred day moving average is C$0.93.

About Graphite One

Graphite One Inc operates as mineral exploration company in the United States. It holds interest in the Graphite Creek property that consists of 176 mining claims covering an area of 9,600 hectares 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.