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Graphite One (CVE:GPH) Share Price Crosses Below 200 Day Moving Average - Here's Why

Graphite One logo with Basic Materials background

Graphite One Inc. (CVE:GPH - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.85 and traded as low as C$0.69. Graphite One shares last traded at C$0.69, with a volume of 29,850 shares traded.

Graphite One Trading Up 11.8%

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 business's 50 day moving average is C$0.77 and its 200-day moving average is C$0.85. The firm has a market cap of C$96.19 million, a P/E ratio of -13.66 and a beta of 1.02.

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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