Graphite One (CVE:GPH) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

Shares of Graphite One Inc. (CVE:GPHGet Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.78 and traded as low as C$0.74. Graphite One shares last traded at C$0.74, with a volume of 36,000 shares changing hands.

Graphite One Price Performance

The stock has a market cap of C$102.55 million, a PE ratio of -10.57 and a beta of 1.02. The company has a quick ratio of 0.33, a current ratio of 1.63 and a debt-to-equity ratio of 0.05. The company’s fifty day moving average is C$0.80 and its 200 day moving average is C$0.78.

About Graphite One

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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.

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