Focus Graphite (CVE:FMS) Sets New 1-Year Low – What’s Next?

by · The Cerbat Gem

Focus Graphite Inc. (CVE:FMS – Get Free Report)’s stock price hit a new 52-week low during trading on Tuesday . The company traded as low as C$0.08 and last traded at C$0.08, with a volume of 104379 shares changing hands. The stock had previously closed at C$0.09.

Focus Graphite Price Performance

The stock has a market capitalization of C$5.00 million, a price-to-earnings ratio of -4.25 and a beta of 2.71. The company has a 50 day moving average of C$0.10 and a 200 day moving average of C$0.12. The company has a quick ratio of 0.74, a current ratio of 0.09 and a debt-to-equity ratio of 6.84.

About Focus Graphite

(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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