Graphite One (CVE:GPH) Shares Cross Above 200 Day Moving Average – Here’s What Happened

Graphite One Inc. (CVE:GPH)’s stock price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$0.78 and traded as high as C$0.87. Graphite One shares last traded at C$0.82, with a volume of 24,427 shares.

Graphite One Trading Up 3.7 %

The company has a debt-to-equity ratio of 0.05, a current ratio of 1.63 and a quick ratio of 0.33. The company has a market cap of C$117.79 million, a price-to-earnings ratio of -12.14 and a beta of 1.02. The business’s fifty day moving average price is C$0.78 and its 200 day moving average price is C$0.78.

Graphite One (CVE:GPH) last announced its earnings results on Thursday, August 8th. The company reported C($0.02) EPS for the quarter. Research analysts anticipate that Graphite One Inc. will post -0.0196522 earnings per share for the current fiscal year.

About Graphite One

Graphite One Inc operates as mineral exploration company in the United States. It holds interest in the Graphite Creek property that consists of 176 mining claims covering an area of 9,600 hectares 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.