Focus Graphite (CVE:FMS) Trading 13.8% Higher – Here’s What Happened

Shares of Focus Graphite Inc. (CVE:FMSGet Free Report) traded up 13.8% during mid-day trading on Tuesday . The stock traded as high as C$0.76 and last traded at C$0.66. 620,027 shares changed hands during trading, an increase of 332% from the average session volume of 143,436 shares. The stock had previously closed at C$0.58.

Focus Graphite Price Performance

The stock has a 50 day simple moving average of C$0.41 and a 200-day simple moving average of C$0.23. The firm has a market cap of C$62.81 million, a PE ratio of -22.00 and a beta of 4.09.

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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