Shares of Graphite One Inc. (CVE:GPH - Get Free Report) fell 20.2% on Thursday . The stock traded as low as C$1.44 and last traded at C$1.62. 1,717,677 shares traded hands during mid-day trading, an increase of 814% from the average session volume of 187,935 shares. The stock had previously closed at C$2.03.
Wall Street Analyst Weigh In
Separately, Fundamental Research set a C$2.85 price objective on Graphite One and gave the stock a "buy" rating in a report on Tuesday. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of "Buy" and a consensus target price of C$2.85.
Get Our Latest Analysis on GPH
Graphite One Stock Performance
The stock's 50-day moving average price is C$0.95 and its 200-day moving average price is C$0.88. The company has a current ratio of 1.09, a quick ratio of 0.33 and a debt-to-equity ratio of 0.02. The company has a market capitalization of C$260.91 million, a P/E ratio of -27.00 and a beta of 1.40.
Graphite One Company Profile
(
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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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