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Focus Graphite (CVE:FMS) Share Price Crosses Above 200-Day Moving Average - Time to Sell?

Focus Graphite logo with Basic Materials background

Key Points

  • Focus Graphite Inc. (CVE:FMS) has crossed above its 200-day moving average during trading, indicating a potential bullish trend.
  • The stock currently trades at C$0.55 with a market capitalization of C$52.34 million and a PE ratio of -18.33.
  • Focus Graphite is primarily engaged in acquiring and exploring mineral properties in Quebec, Canada, with its flagship project being the Lac Knife property.
  • Five stocks we like better than Focus Graphite.

Focus Graphite Inc. (CVE:FMS - Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.19 and traded as high as C$0.66. Focus Graphite shares last traded at C$0.55, with a volume of 197,386 shares changing hands.

Focus Graphite Price Performance

The stock has a market capitalization of C$52.34 million, a PE ratio of -18.33 and a beta of 4.09. The firm has a fifty day moving average price of C$0.33 and a two-hundred day moving average price of C$0.19.

About Focus Graphite

(Get Free Report)

Focus Graphite Inc, an exploration stage company, acquires, explores, and develops mineral properties in Quebec, Canada. The company explores for graphite, iron, copper, rare-earth elements, and gold deposits. Its flagship project is the Lac Knife property in which it holds 100% interests that consists of 62 claims covering an area of 3,248.18 hectares located in the Côte Nord region of Québec.

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