Shares of Graphite One Inc. (CVE:GPH – Get Free Report) passed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of C$1.04 and traded as low as C$0.85. Graphite One shares last traded at C$0.85, with a volume of 62,162 shares.
Analyst Upgrades and Downgrades
Separately, Fundamental Research set a C$2.50 price objective on shares of Graphite One and gave the company a “buy” rating in a research note on Friday, July 3rd. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of C$2.50.
View Our Latest Research Report on Graphite One
Graphite One Price Performance
About Graphite One
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. Graphite One Inc was incorporated in 2006 and is headquartered in Vancouver, Canada.
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