Focus Graphite (CVE:FMS) Trading 32.1% Higher – Here’s Why

Shares of Focus Graphite Inc. (CVE:FMSGet Free Report) traded 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 traded hands during mid-day 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 Up 32.1%

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 of C$0.15 and a 200 day moving average of C$0.11.

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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