Free Trial

Graphite One (CVE:GPH) Trading Down 18.8% - Time to Sell?

Graphite One logo with Basic Materials background

Key Points

  • Graphite One Inc.'s stock fell 18.8% during mid-day trading, reaching a low of C$0.89 after previously closing at C$1.12.
  • Trading volume surged to approximately 620,440 shares, representing a 639% increase compared to the average daily volume.
  • The company, known for its Graphite Creek property in Alaska, has a market capitalization of C$92.14 million and a debt-to-equity ratio of 0.02.
  • Five stocks we like better than Graphite One.
  • Limited Time Offer: Unlock powerful research tools, advanced financial data, and expert insights to help you invest with confidence. Save 50% when you upgrade to MarketBeat All Access during the month of July. Claim your discount here.

Shares of Graphite One Inc. (CVE:GPH - Get Free Report) were down 18.8% during mid-day trading on Friday . The company traded as low as C$0.89 and last traded at C$0.91. Approximately 620,440 shares were traded during mid-day trading, an increase of 639% from the average daily volume of 83,920 shares. The stock had previously closed at C$1.12.

Graphite One Stock Performance

The business's 50 day simple moving average is C$0.79 and its 200-day simple moving average is C$0.86. 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 stock has a market capitalization of C$92.14 million, a P/E ratio of -13.09 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.

See Also

Should You Invest $1,000 in Graphite One Right Now?

Before you consider Graphite One, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Graphite One wasn't on the list.

While Graphite One currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Beginner's Guide To Retirement Stocks Cover

Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 “Boring” Mega Cap Stocks to Turn Into Pure Profit
Joby vs. Archer: The $10 Billion eVTOL Battle
3 Small-Cap Biotech Stocks With Catalysts Too Big to Ignore

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines