Focus Graphite (CVE:FMS) Stock Price Up 27% – Should You Buy?

Shares of Focus Graphite Inc. (CVE:FMSGet Free Report) traded up 27% during mid-day trading on Thursday . The stock traded as high as C$0.26 and last traded at C$0.24. 471,904 shares were traded during mid-day trading, an increase of 297% from the average session volume of 118,991 shares. The stock had previously closed at C$0.19.

Focus Graphite Trading Up 27.0%

The stock has a market cap of C$19.75 million, a PE ratio of -7.67 and a beta of 2.71. The company has a fifty day moving average of C$0.14 and a 200-day moving average of C$0.11.

Focus Graphite Company Profile

(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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