Graphite One (CVE:GPH) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s Why

Graphite One Inc. (CVE:GPHGet Free Report)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.81 and traded as high as C$0.98. Graphite One shares last traded at C$0.96, with a volume of 21,872 shares traded.

Graphite One Stock Down 3.1 %

The firm has a 50 day moving average of C$0.91 and a 200 day moving average of C$0.82. The firm has a market cap of C$94.17 million, a price-to-earnings ratio of -13.37 and a beta of 1.02. The company has a quick ratio of 0.33, a current ratio of 1.09 and a debt-to-equity ratio of 0.02.

About Graphite One

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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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