Graphite One (CVE:GPH) Reaches New 12-Month Low – Here’s What Happened

Graphite One Inc. (CVE:GPH – Get Free Report)’s share price hit a new 52-week low on Friday. The company traded as low as C$0.57 and last traded at C$0.64, with a volume of 146,184 shares. The stock had previously closed at C$0.67.

Graphite One Price Performance

The firm has a market capitalization of C$129.56 million, a price-to-earnings ratio of -8.86 and a beta of 1.38. The company has a current ratio of 11.22, a quick ratio of 0.33 and a debt-to-equity ratio of 0.40. The business has a 50-day moving average price of C$0.83 and a two-hundred day moving average price of C$1.09.

About Graphite One

(Get Free Report)

Graphite One Inc. operates as mineral exploration company in the United States. The company holds interest in the Graphite Creek property that consists of 135 mining claims located on the Seward Peninsula, Alaska. The company was formerly known as Graphite One Resources Inc. and changed its name to Graphite One Inc. in February 2019. Graphite One Inc. was incorporated in 2006 and is headquartered in Vancouver, Canada.

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