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Graphite One (CVE:GPH) Stock Price Down 18.8% - Here's What Happened

Graphite One logo with Basic Materials background

Graphite One Inc. (CVE:GPH - Get Free Report)'s stock price was down 18.8% during trading on Thursday . The company traded as low as C$0.89 and last traded at C$0.91. Approximately 620,440 shares traded hands 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 company has a market cap of C$92.14 million, a P/E ratio of -13.09 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's 50-day moving average price is C$0.79 and its 200 day moving average price is C$0.86.

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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