Focus Graphite Inc. (CVE:FMS – Get Free Report) shot up 13.8% on Tuesday . The stock traded as high as C$0.76 and last traded at C$0.66. 620,027 shares changed hands during mid-day trading, an increase of 332% from the average session volume of 143,436 shares. The stock had previously closed at C$0.58.
Focus Graphite Price Performance
The company has a 50-day simple moving average of C$0.41 and a two-hundred day simple moving average of C$0.23. The stock has a market capitalization of C$62.81 million, a price-to-earnings ratio of -22.00 and a beta of 4.09.
Focus Graphite Company Profile
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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