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Graphite One (CVE:GPH) Stock Price Up 7.7% - Still a Buy?

Graphite One logo with Basic Materials background

Graphite One Inc. (CVE:GPH - Get Free Report) shares were up 7.7% on Tuesday . The company traded as high as C$0.84 and last traded at C$0.84. Approximately 83,562 shares traded hands during trading, an increase of 36% from the average daily volume of 61,665 shares. The stock had previously closed at C$0.78.

Graphite One Stock Performance

The company has a current ratio of 1.09, a quick ratio of 0.33 and a debt-to-equity ratio of 0.02. The business's 50 day moving average is C$0.87 and its two-hundred day moving average is C$0.84. The company has a market cap of C$85.05 million, a PE ratio of -12.08 and a beta of 1.02.

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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