Focus Graphite (CVE:FMS) Share Price Passes Above 200-Day Moving Average – Time to Sell?

Focus Graphite Inc. (CVE:FMSGet Free Report)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.09 and traded as high as C$0.09. Focus Graphite shares last traded at C$0.09, with a volume of 3,000 shares changing hands.

Focus Graphite Price Performance

The firm has a market capitalization of C$7.56 million, a PE ratio of -2.94 and a beta of 2.71. The business’s 50-day moving average price is C$0.09 and its 200-day moving average price is C$0.09.

About Focus Graphite

(Get Free Report)

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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