Shares of Graphite One Inc. (OTCMKTS:GPHOF – Get Free Report) rose 1.6% on Monday. The company traded as high as $0.6198 and last traded at $0.6111. Approximately 90,676 shares were traded during mid-day trading, a decline of 59% from the average session volume of 222,804 shares. The stock had previously closed at $0.6013.
Graphite One Price Performance
The company has a 50-day moving average price of $0.66 and a 200-day moving average price of $0.74.
About Graphite One
Graphite One Inc is a Canadian mineral development company focused on advancing the Graphite Creek project in Alaska. The project is designed to produce natural graphite concentrate for use in electric vehicle batteries, energy-storage systems and other applications requiring advanced graphite materials.
Graphite Creek includes a proposed mining and processing operation near Nome, Alaska, together with plans for a downstream advanced graphite-materials manufacturing facility in the United States.
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