Graphite One (CVE:GPH) Shares Down 8.7% – Here’s What Happened

Graphite One Inc. (CVE:GPHGet Free Report) shares dropped 8.7% on Tuesday . The stock traded as low as C$1.16 and last traded at C$1.16. Approximately 134,223 shares traded hands during mid-day trading, a decline of 60% from the average daily volume of 335,048 shares. The stock had previously closed at C$1.27.

Graphite One Price Performance

The firm’s 50-day moving average price is C$1.17 and its two-hundred day moving average price is C$1.51. The stock has a market cap of C$235.53 million, a PE ratio of -16.14 and a beta of 1.32. The company has a current ratio of 30.04, a quick ratio of 0.33 and a debt-to-equity ratio of 0.13.

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

See Also

Receive News & Ratings for Graphite One Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Graphite One and related companies with MarketBeat.com's FREE daily email newsletter.