Focus Graphite (CVE:FMS) Hits New 52-Week Low – Time to Sell?

Shares of Focus Graphite Inc. (CVE:FMSGet Free Report) hit a new 52-week low during trading on Monday . The company traded as low as C$0.08 and last traded at C$0.08, with a volume of 134324 shares trading hands. The stock had previously closed at C$0.08.

Focus Graphite Stock Down 6.3 %

The business’s 50-day moving average is C$0.08 and its two-hundred day moving average is C$0.11. The firm has a market capitalization of C$4.68 million, a price-to-earnings ratio of -3.75 and a beta of 2.71. The company has a debt-to-equity ratio of 6.84, a quick ratio of 0.74 and a current ratio of 0.09.

Focus Graphite Company Profile

(Get Free Report)

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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