Shares of Graphite One Inc. (CVE:GPH - Get Free Report) dropped 17.9% during mid-day trading on Thursday . The stock traded as low as C$0.89 and last traded at C$0.92. Approximately 572,140 shares changed hands during mid-day trading, an increase of 586% from the average daily volume of 83,432 shares. The stock had previously closed at C$1.12.
Graphite One Stock Down 18.8%
The firm has a market capitalization of C$92.14 million, a P/E ratio of -13.09 and a beta of 1.02. The firm's 50-day moving average is C$0.79 and its 200 day moving average is C$0.86. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.33 and a current ratio of 1.09.
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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