Focus Graphite (CVE:FMS) Stock Price Passes Below Two Hundred Day Moving Average – What’s Next?

Focus Graphite Inc. (CVE:FMSGet Free Report) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$0.11 and traded as low as C$0.09. Focus Graphite shares last traded at C$0.09, with a volume of 33,600 shares.

Focus Graphite Stock Down 5.6 %

The company has a market capitalization of C$5.31 million, a PE ratio of -4.25 and a beta of 2.71. 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 has a fifty day moving average of C$0.08 and a 200 day moving average of C$0.11.

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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