Focus Graphite (CVE:FMS) Trading Up 28.6% – What’s Next?

Focus Graphite Inc. (CVE:FMSGet Free Report)’s stock price was up 28.6% during mid-day trading on Saturday . The company traded as high as C$0.19 and last traded at C$0.18. Approximately 397,810 shares changed hands during mid-day trading, an increase of 246% from the average daily volume of 114,860 shares. The stock had previously closed at C$0.14.

Focus Graphite Stock Up 28.6%

The stock has a 50-day simple moving average of C$0.13 and a 200-day simple moving average of C$0.11. The firm has a market capitalization of C$15.13 million, a PE ratio of -5.88 and a beta of 2.71.

Focus Graphite Company Profile

(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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