Focus Graphite (CVE:FMS) Hits New 52-Week Low – Here’s Why

by · The Cerbat Gem

Focus Graphite Inc. (CVE:FMS – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.08 and last traded at C$0.08, with a volume of 104379 shares traded. The stock had previously closed at C$0.09.

Focus Graphite Trading Down 5.9 %

The stock has a 50 day simple moving average of C$0.09 and a 200-day simple moving average of C$0.12. The firm has a market capitalization of C$5.00 million, a P/E ratio of -4.00 and a beta of 2.71. The company has a current ratio of 0.09, a quick ratio of 0.74 and a debt-to-equity ratio of 6.84.

About Focus Graphite

(Get Free Report)

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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