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

Graphite One logo with Basic Materials background

Key Points

  • Graphite One Inc. shares recently fell below their 200-day moving average, with a current price of C$1.07 after trading as low as C$0.85.
  • The company has a market capitalization of C$108.34 million and reported a PE ratio of -15.39.
  • Graphite One operates a mineral exploration business in the United States, specifically holding interests in the Graphite Creek property in Alaska.
  • Interested in Graphite One? Here are five stocks we like better.

Graphite One Inc. (CVE:GPH - Get Free Report)'s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.87 and traded as low as C$0.85. Graphite One shares last traded at C$1.07, with a volume of 253,349 shares traded.

Graphite One Stock Performance

The firm has a market capitalization of C$108.34 million, a price-to-earnings ratio of -15.39 and a beta of 1.02. 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 stock has a 50-day moving average price of C$0.81 and a 200 day moving average price of C$0.87.

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.

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