Focus Graphite (CVE:FMS) Reaches New 12-Month Low – Time to Sell?

Focus Graphite Inc. (CVE:FMSGet Free Report) shares hit a new 52-week low during trading on Monday . The stock traded as low as C$0.08 and last traded at C$0.08, with a volume of 40241 shares. The stock had previously closed at C$0.08.

Focus Graphite Stock Down 6.3 %

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 business’s fifty day moving average price is C$0.09 and its two-hundred day moving average price is C$0.12. The firm has a market cap of C$4.68 million, a P/E ratio of -3.75 and a beta of 2.71.

Focus Graphite Company Profile

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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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