Shares of Graphite One Inc. (CVE:GPH - Get Free Report) fell 20.2% on Thursday . The company 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 target price on Graphite One and gave the company a "buy" rating in a report on Tuesday. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of C$2.85.
View Our Latest Analysis on GPH
Graphite One Stock Performance
The stock has a fifty day simple moving average of C$0.95 and a two-hundred day simple moving average of C$0.88. The stock has a market cap of C$260.91 million, a price-to-earnings ratio of -27.00 and a beta of 1.40. 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
(
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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Graphite One, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Graphite One wasn't on the list.
While Graphite One currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Thinking about investing in Meta, Roblox, or Unity? Enter your email to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
