Focus Graphite Inc. (CVE:FMS – Get Free Report) shares were down 16% during mid-day trading on Saturday . The company traded as low as C$0.11 and last traded at C$0.11. Approximately 287,005 shares traded hands during trading, an increase of 501% from the average daily volume of 47,744 shares. The stock had previously closed at C$0.13.
Focus Graphite Stock Performance
The firm’s 50 day simple moving average is C$0.09 and its 200 day simple moving average is C$0.10. The firm has a market capitalization of C$6.56 million, a price-to-earnings ratio of -5.25 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.
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.
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