Graphite One (CVE:GPH) Stock Price Down 18.8% - Should You Sell?

Graphite One Inc. (CVE:GPH - Get Free Report)'s share price fell 18.8% during trading on Thursday . The stock traded as low as C$0.89 and last traded at C$0.91. 620,440 shares changed hands during 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 Trading Down 18.8%

The firm has a fifty day simple moving average of C$0.79 and a 200-day simple moving average of C$0.86. The firm has a market cap of C$92.14 million, a P/E ratio of -13.09 and a beta of 1.02. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.09 and a quick ratio of 0.33.

Graphite One Company Profile

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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