Focus Graphite Inc. (CVE:FMS – Get Free Report)’s share price traded down 16% during mid-day trading on Friday . The company traded as low as C$0.11 and last traded at C$0.11. 255,005 shares changed hands during trading, an increase of 507% from the average session volume of 42,024 shares. The stock had previously closed at C$0.13.
Focus Graphite Price Performance
The company’s 50-day simple moving average is C$0.09 and its 200 day simple moving average is C$0.10. The company has a market cap of C$6.56 million, a PE ratio of -5.25 and a beta of 2.71. The company has a debt-to-equity ratio of 6.84, a quick ratio of 0.74 and a current ratio of 0.09.
About Focus Graphite
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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