Focus Graphite Inc. (CVE:FMS – Get Free Report) fell 18.4% on Saturday . The stock traded as low as C$0.37 and last traded at C$0.40. 1,242,463 shares traded hands during trading, an increase of 722% from the average session volume of 151,200 shares. The stock had previously closed at C$0.49.
Focus Graphite Trading Down 18.4%
The business has a 50-day moving average of C$0.46 and a two-hundred day moving average of C$0.27. The firm has a market cap of C$38.07 million, a P/E ratio of -13.33 and a beta of 4.12.
Focus Graphite Company Profile
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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