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Graphite One (CVE:GPH) Stock Price Down 8.2% - Should You Sell?

Graphite One logo with Basic Materials background

Key Points

  • Graphite One Inc. (CVE:GPH) saw its stock price decline by 8.2% during mid-day trading, closing at C$0.89.
  • The company has a market capitalization of C$87.08 million and a negative PE ratio of -12.37.
  • Graphite One operates as a mineral exploration company focused on the Graphite Creek property in Alaska, consisting of 135 mining claims.
  • Want stock alerts on Graphite One? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Graphite One Inc. (CVE:GPH - Get Free Report) traded down 8.2% during mid-day trading on Tuesday . The company traded as low as C$0.89 and last traded at C$0.89. 90,433 shares changed hands during mid-day trading, a decline of 0% from the average session volume of 90,840 shares. The stock had previously closed at C$0.97.

Graphite One Stock Down 4.7%

The firm's 50-day moving average price is C$0.84 and its 200 day moving average price is C$0.88. The company has a market capitalization of C$82.02 million, a price-to-earnings ratio of -11.65 and a beta of 1.02. The company has a current ratio of 1.09, a quick ratio of 0.33 and a debt-to-equity ratio of 0.02.

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.

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