Free Trial

Graphite One (CVE:GPH) Stock Price Down 18.8% - Here's What Happened

Graphite One logo with Basic Materials background

Graphite One Inc. (CVE:GPH - Get Free Report)'s share price fell 18.8% during trading on Thursday . The company traded as low as C$0.89 and last traded at C$0.91. 620,440 shares traded hands during mid-day trading, an increase of 639% from the average session volume of 83,920 shares. The stock had previously closed at C$1.12.

Graphite One Stock Performance

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 stock has a market cap of C$92.14 million, a PE ratio of -13.09 and a beta of 1.02. The business's 50-day moving average price is C$0.79 and its 200-day moving average price is C$0.86.

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.

See Also

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.

Should You Invest $1,000 in Graphite One Right Now?

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 Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Next 7 Blockbuster Stocks for Growth Investors Cover

Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 “Boring” Mega Cap Stocks to Turn Into Pure Profit
Joby vs. Archer: The $10 Billion eVTOL Battle
3 Small-Cap Biotech Stocks With Catalysts Too Big to Ignore

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines