Graphite One (CVE:GPH) Trading Down 3% – Time to Sell?

Graphite One Inc. (CVE:GPHGet Free Report)’s stock price fell 3% during trading on Wednesday . The stock traded as low as C$1.54 and last traded at C$1.60. 464,058 shares traded hands during mid-day trading, an increase of 12% from the average session volume of 412,588 shares. The stock had previously closed at C$1.65.

Graphite One Price Performance

The company has a market cap of C$292.24 million, a PE ratio of -26.83 and a beta of 1.73. The firm’s 50-day moving average is C$1.97 and its 200-day moving average is C$1.41. The company has a quick ratio of 0.33, a current ratio of 1.09 and a debt-to-equity ratio of 0.02.

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. Graphite One Inc was incorporated in 2006 and is headquartered in Vancouver, Canada.

Further Reading

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