Focus Graphite Inc. (CVE:FMS – Get Free Report)’s stock price was up 12.1% during trading on Monday . The company traded as high as C$0.76 and last traded at C$0.65. Approximately 435,308 shares changed hands during mid-day trading, an increase of 206% from the average daily volume of 142,291 shares. The stock had previously closed at C$0.58.
Focus Graphite Trading Up 15.5%
The stock’s 50 day moving average price is C$0.40 and its 200 day moving average price is C$0.23. The company has a market cap of C$63.76 million, a price-to-earnings ratio of -22.33 and a beta of 4.09.
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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