Graphite One (CVE:GPH) Stock Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Graphite One Inc. (CVE:GPH) shares passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$1.54 and traded as low as C$1.14. Graphite One shares last traded at C$1.15, with a volume of 58,439 shares traded.

Graphite One Trading Down 2.5%

The stock has a market cap of C$239.69 million, a price-to-earnings ratio of -19.17 and a beta of 1.26. The firm’s 50 day moving average is C$1.22 and its two-hundred day moving average is C$1.54. The company has a quick ratio of 0.33, a current ratio of 2.42 and a debt-to-equity ratio of 0.22.

Graphite One Company Profile

Graphite One Inc operates as mineral exploration company in the United States. The company holds interest in the Graphite Creek property that consists of 135 mining claims 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. Graphite One Inc was incorporated in 2006 and is headquartered in Vancouver, Canada.