Graphite One (CVE:GPH) Shares Down 18.8% – Time to Sell?

Graphite One Inc. (CVE:GPHGet Free Report) was down 18.8% on Friday . The stock traded as low as C$0.89 and last traded at C$0.91. Approximately 620,440 shares traded hands during trading, an increase of 639% from the average daily volume of 83,920 shares. The stock had previously closed at C$1.12.

Graphite One Stock Performance

The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.33 and a current ratio of 1.09. The company has a market cap of C$92.14 million, a price-to-earnings ratio of -13.09 and a beta of 1.02. The company has a fifty day moving average of C$0.80 and a two-hundred day moving average of C$0.86.

About Graphite One

(Get Free Report)

Graphite One Inc operates as mineral exploration company in the United States. The company holds interest in the Graphite Creek property that consists of 135 mining claims 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.

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