Insider Selling: Focus Graphite Inc. (CVE:FMS) Director Sells C$100,000.00 in Stock

Focus Graphite Inc. (CVE:FMS) Director Jeffrey York sold 1,000,000 shares of the stock in a transaction that occurred on Tuesday, April 29th. The shares were sold at an average price of C$0.10, for a total value of C$100,000.00.

Focus Graphite Stock Up 6.7 %

Shares of Focus Graphite stock opened at C$0.08 on Friday. Focus Graphite Inc. has a 12-month low of C$0.07 and a 12-month high of C$0.16. The business’s 50 day moving average is C$0.09 and its 200-day moving average is C$0.09. The stock has a market cap of C$6.72 million, a P/E ratio of -2.61 and a beta of 2.71.

About Focus Graphite

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.