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Graphite One (CVE:GPH) Stock Price Passes Below 200 Day Moving Average - Should You Sell?

Graphite One logo with Basic Materials background

Graphite One Inc. (CVE:GPH - Get Free Report)'s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.85 and traded as low as C$0.66. Graphite One shares last traded at C$0.71, with a volume of 106,218 shares changing hands.

Graphite One Trading Up 4.5%

The company's 50 day simple moving average is C$0.78 and its 200 day simple moving average is C$0.85. The firm has a market cap of C$70.88 million, a price-to-earnings ratio of -10.07 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

(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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