Focus Graphite Inc. (CVE:FMS – Get 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
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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