Graphite One (CVE:GPH) Shares Down 6.3% – Here’s What Happened

Graphite One Inc. (CVE:GPHGet Free Report) shares fell 6.3% during mid-day trading on Monday . The stock traded as low as C$0.72 and last traded at C$0.75. 122,399 shares were traded during trading, an increase of 160% from the average session volume of 46,989 shares. The stock had previously closed at C$0.80.

Graphite One Stock Performance

The business has a fifty day moving average of C$0.80 and a 200 day moving average of C$0.78. The company has a market cap of C$103.94 million, a P/E ratio of -10.57 and a beta of 1.02. The company has a quick ratio of 0.33, a current ratio of 1.63 and a debt-to-equity ratio of 0.05.

Graphite One Company Profile

(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.

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