Focus Graphite (CVE:FMS) Shares Up 32.1% – Here’s What Happened

Focus Graphite Inc. (CVE:FMSGet Free Report)’s share price shot up 32.1% during trading on Saturday . The stock traded as high as C$0.39 and last traded at C$0.35. 866,567 shares were traded during trading, an increase of 594% from the average session volume of 124,828 shares. The stock had previously closed at C$0.27.

Focus Graphite Stock Performance

The stock has a market capitalization of C$29.41 million, a P/E ratio of -11.43 and a beta of 2.71. The firm has a 50-day moving average price of C$0.15 and a 200 day moving average price of C$0.11.

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.

Featured Articles

Receive News & Ratings for Focus Graphite Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Focus Graphite and related companies with MarketBeat.com's FREE daily email newsletter.