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Graphite One (CVE:GPH) Stock Price Passes Below Two Hundred Day Moving Average - What's Next?

Graphite One logo with Basic Materials background

Key Points

  • Graphite One Inc. (CVE:GPH) has seen its share price fall below the 200-day moving average of C$0.88, trading as low as C$0.84 on Tuesday.
  • The stock is currently down 11.3% and has a market cap of C$87.08 million, with a P/E ratio of -12.37.
  • Graphite One operates as a mineral exploration company in the U.S. and holds interest in the Graphite Creek property in Alaska.
  • Want stock alerts on Graphite One? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Graphite One Inc. (CVE:GPH - Get Free Report) shares passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.88 and traded as low as C$0.84. Graphite One shares last traded at C$0.86, with a volume of 284,163 shares changing hands.

Graphite One Price Performance

The company has a quick ratio of 0.33, a current ratio of 1.09 and a debt-to-equity ratio of 0.02. The company has a market cap of C$77.97 million, a price-to-earnings ratio of -11.07 and a beta of 1.02. The company's fifty day moving average price is C$0.84 and its two-hundred day moving average price is C$0.88.

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.

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