Focus Graphite Inc. (OTCMKTS:FCSMF – Get Free Report) saw a large decrease in short interest in the month of July. As of July 31st, there was short interest totaling 4,490 shares, a decrease of 96.3% from the July 15th total of 121,170 shares. Based on an average daily volume of 83,810 shares, the days-to-cover ratio is presently 0.1 days.
Focus Graphite Stock Performance
OTCMKTS FCSMF opened at $0.29 on Wednesday. Focus Graphite has a 52-week low of $0.13 and a 52-week high of $0.54. The firm has a 50-day moving average of $0.28 and a 200-day moving average of $0.28.
About Focus Graphite
Focus Graphite Inc (OTCMKTS:FCSMF) is a mineral exploration and development company headquartered in Montreal, Quebec. The company is primarily focused on advancing its flagship Lac Knife flake graphite project in the Gaspésie region of eastern Quebec. Lac Knife hosts a near-surface deposit of high‐quality graphite, and Focus Graphite holds 100% interest in the property. The company’s efforts are centered on resource delineation, environmental permitting and moving the project through feasibility-level studies.
To support project advancement, Focus Graphite has completed technical studies, including a preliminary economic assessment, metallurgical testing and engineering evaluations.
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