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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) rose 7.7% during trading on Tuesday . The stock traded as high as C$0.84 and last traded at C$0.84. Approximately 83,562 shares were traded during mid-day 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 Trading Down 5.4%

The company has a debt-to-equity ratio of 0.02, a current ratio of 1.09 and a quick ratio of 0.33. The company has a market capitalization of C$88.09 million, a price-to-earnings ratio of -12.51 and a beta of 1.02. The business has a fifty day moving average price of C$0.87 and a 200 day moving average price of C$0.84.

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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