Graphite One (CVE:GPH) Stock Price Down 18.8% - Time to Sell?

Key Points

• Graphite One Inc. shares declined by 18.8% during mid-day trading, reaching a low of C$0.89 before closing at C$0.91.
• The company's market capitalization stands at C$92.14 million with a debt-to-equity ratio of 0.02 and a P/E ratio of -13.09.
• Graphite One operates as a mineral exploration company focusing on the Graphite Creek property in Alaska, holding 135 mining claims in the area.

Graphite One Inc. (CVE:GPH - ) shares traded down 18.8% during mid-day trading on Friday . The company traded as low as C$0.89 and last traded at C$0.91. 620,440 shares changed 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 Down 18.8%

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

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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