Graphite One (CVE:GPH) Stock Price Passes Below 200 Day Moving Average – Should You Sell?

Graphite One Inc. (CVE:GPHGet Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.87 and traded as low as C$0.85. Graphite One shares last traded at C$1.07, with a volume of 253,349 shares trading hands.

Graphite One Trading Up 17.6%

The company has a fifty day simple moving average of C$0.81 and a two-hundred day simple moving average of C$0.87. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.09 and a quick ratio of 0.33. The company has a market capitalization of C$108.34 million, a P/E ratio of -15.39 and a beta of 1.02.

About Graphite One

(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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