Focus Graphite Inc. (CVE:FMS – Get Free Report) shot up 32.1% during mid-day trading on Saturday . The company traded as high as C$0.39 and last traded at C$0.35. 866,567 shares changed hands 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 Trading Up 32.1%
The business has a 50 day moving average of C$0.15 and a 200-day moving average of C$0.11. The firm has a market capitalization of C$29.41 million, a P/E ratio of -11.43 and a beta of 2.71.
Focus Graphite Company Profile
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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