Graphite One (CVE:GPH) Sets New 52-Week Low – Here’s Why

Graphite One Inc. (CVE:GPH – Get Free Report) reached a new 52-week low during trading on Friday. The company traded as low as C$0.73 and last traded at C$0.73, with a volume of 63,888 shares trading hands. The stock had previously closed at C$0.79.

Analyst Upgrades and Downgrades

Separately, Fundamental Research set a C$2.50 target price on Graphite One and gave the stock a “buy” rating in a report on Friday, July 3rd. One investment analyst has rated the stock with a Buy rating. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of C$2.50.

Check Out Our Latest Analysis on GPH

Graphite One Stock Performance

The company’s 50-day moving average price is C$0.93 and its two-hundred day moving average price is C$1.02. The company has a market cap of C$156.73 million, a P/E ratio of -10.71 and a beta of 1.44. The company has a current ratio of 11.22, a quick ratio of 0.33 and a debt-to-equity ratio of 0.40.

Graphite One Company Profile

(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. Graphite One Inc was incorporated in 2006 and is headquartered in Vancouver, Canada.

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