Graphite One (CVE:GPH) Stock Price Down 18.8% – Here’s What Happened

Graphite One Inc. (CVE:GPHGet Free Report)’s stock price was down 18.8% on Friday . The company traded as low as C$0.89 and last traded at C$0.91. Approximately 620,440 shares were traded during mid-day 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 Price Performance

The company has a market capitalization of C$92.14 million, a price-to-earnings ratio of -13.09 and a beta of 1.02. The company has a current ratio of 1.09, a quick ratio of 0.33 and a debt-to-equity ratio of 0.02. The firm’s 50 day simple moving average is C$0.80 and its 200-day simple moving average is C$0.86.

Graphite One Company Profile

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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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