Focus Graphite (CVE:FMS) Sets New 52-Week Low – What’s Next?

Focus Graphite Inc. (CVE:FMSGet Free Report)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.08 and last traded at C$0.09, with a volume of 32080 shares. The stock had previously closed at C$0.08.

Focus Graphite Trading Down 5.9 %

The business has a 50 day moving average price of C$0.09 and a 200-day moving average price of C$0.12. The company has a current ratio of 0.09, a quick ratio of 0.74 and a debt-to-equity ratio of 6.84. The company has a market cap of C$5.00 million, a P/E ratio of -4.00 and a beta of 2.71.

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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