Focus Graphite (CVE:FMS) Given a C$1.27 Price Target at Fundamental Research

Fundamental Research set a C$1.27 price target on Focus Graphite (CVE:FMS) in a research note issued to investors on Tuesday,BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

Focus Graphite Stock Performance

Shares of CVE FMS opened at C$0.37 on Tuesday. The stock has a market capitalization of C$39.51 million, a P/E ratio of -12.17 and a beta of 0.18. The stock’s fifty day moving average is C$0.39 and its 200 day moving average is C$0.42. Focus Graphite has a 52 week low of C$0.08 and a 52 week high of C$0.76.

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. The company was formerly known as Focus Metals Inc and changed its name to Focus Graphite Inc in May 2012.