Shares of Graphite One Inc. (CVE:GPH – Get Free Report) were up 25.6% during mid-day trading on Tuesday . The company traded as high as C$1.01 and last traded at C$0.98. Approximately 255,597 shares traded 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 Price Performance
The company has a current ratio of 1.09, a quick ratio of 0.33 and a debt-to-equity ratio of 0.02. The stock has a 50 day simple moving average of C$0.87 and a 200-day simple moving average of C$0.84. The firm has a market cap 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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