Shares of Graphite One Inc. (CVE:GPH – Get Free Report) rose 25.6% on Tuesday . The stock traded as high as C$1.01 and last traded at C$0.98. Approximately 255,597 shares changed hands during mid-day trading, an increase of 302% from the average daily volume of 63,567 shares. The stock had previously closed at C$0.78.
Graphite One Trading Up 14.1%
The company has a quick ratio of 0.33, a current ratio of 1.09 and a debt-to-equity ratio of 0.02. The stock’s 50 day moving average is C$0.87 and its two-hundred day moving average is C$0.84. The company has a market capitalization of C$90.12 million, a PE ratio of -12.80 and a beta of 1.02.
About Graphite One
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.
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