Graphite One (CVE:GPH) Sets New 52-Week Low – Time to Sell?

Shares of Graphite One Inc. (CVE:GPH – Get Free Report) reached a new 52-week low during trading on Tuesday. The stock traded as low as C$0.73 and last traded at C$0.73, with a volume of 50,585 shares changing hands. The stock had previously closed at C$0.75.

Wall Street Analysts Forecast Growth

Separately, Fundamental Research set a C$2.50 target price on shares of Graphite One and gave the stock a “buy” rating in a research report on Friday, July 3rd. One research analyst has rated the stock with a Buy rating. According to MarketBeat, Graphite One presently has an average rating of “Buy” and a consensus target price of C$2.50.

View Our Latest Research Report on GPH

Graphite One Stock Performance

The company has a market cap of C$152.55 million, a P/E ratio of -10.43 and a beta of 1.44. The business has a 50 day moving average price of C$0.91 and a two-hundred day moving average price of C$1.18. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.33 and a current ratio of 11.22.

About Graphite One

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

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