Graphite One (CVE:GPH) Stock Price Down 2.3% – Here’s What Happened

Graphite One Inc. (CVE:GPHGet Free Report)’s share price was down 2.3% on Wednesday . The stock traded as low as C$0.84 and last traded at C$0.84. Approximately 44,358 shares traded hands during mid-day trading, a decline of 52% from the average daily volume of 92,115 shares. The stock had previously closed at C$0.86.

Graphite One Stock Performance

The firm’s 50-day moving average price is C$0.84 and its two-hundred day moving average price is C$0.88. The firm has a market capitalization of C$86.07 million, a PE ratio of -12.22 and a beta of 1.02. The company has a quick ratio of 0.33, a current ratio of 1.09 and a debt-to-equity ratio of 0.02.

Graphite One Company Profile

(Get Free Report)

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.

Further Reading

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