Focus Graphite Inc. (CVE:FMS – Get Free Report)’s share price was up 32.1% on Saturday . The stock traded as high as C$0.39 and last traded at C$0.35. Approximately 866,567 shares changed hands during trading, an increase of 594% from the average daily volume of 124,828 shares. The stock had previously closed at C$0.27.
Focus Graphite Stock Performance
The firm has a 50 day simple moving average of C$0.15 and a two-hundred day simple moving average of C$0.11. The stock has a market cap 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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