Focus Graphite (CVE:FMS) Trading Up 15.5% – Still a Buy?

Focus Graphite Inc. (CVE:FMSGet Free Report) shares shot up 15.5% on Monday . The company traded as high as C$0.76 and last traded at C$0.67. 618,877 shares traded hands during trading, an increase of 332% from the average session volume of 143,391 shares. The stock had previously closed at C$0.58.

Focus Graphite Stock Performance

The company has a market cap of C$62.81 million, a P/E ratio of -22.00 and a beta of 4.09. The firm’s fifty day moving average is C$0.40 and its two-hundred day moving average is C$0.23.

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.

Further Reading

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