Focus Graphite (OTCMKTS:FCSMF) Stock Price Passes Below 200 Day Moving Average – Time to Sell?

Shares of Focus Graphite Inc. (OTCMKTS:FCSMFGet Free Report) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.08 and traded as low as $0.06. Focus Graphite shares last traded at $0.06, with a volume of 2,635 shares traded.

Focus Graphite Price Performance

The stock’s 50-day simple moving average is $0.06 and its 200-day simple moving average is $0.08.

About Focus Graphite

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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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