Graphite One (OTC:GPHOF) Trading 2.5% Higher – Should You Buy?

Graphite One Inc. (OTC:GPHOFGet Free Report) shares rose 2.5% during trading on Wednesday . The company traded as high as $1.17 and last traded at $1.1372. Approximately 285,936 shares traded hands during mid-day trading, a decline of 5% from the average daily volume of 301,341 shares. The stock had previously closed at $1.11.

Graphite One Price Performance

The stock has a 50 day moving average of $1.00 and a 200 day moving average of $0.74.

Graphite One Company Profile

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Graphite One Inc operates as mineral exploration company in the United States. It holds interest in the Graphite Creek property that consists of 176 mining claims covering an area of 9,600 hectares located on the Seward Peninsula, Alaska. The company was formerly known as Graphite One Resources Inc and changed its name to Graphite One Inc in February 2019.

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