Graphite One (CVE:GPH) Trading Down 18.8% - What's Next?

Shares of Graphite One Inc. (CVE:GPH - Get Free Report) dropped 18.8% on Thursday . The stock 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 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 PE ratio of -13.09 and a beta of 1.02. The stock has a 50 day moving average of C$0.79 and a two-hundred day moving average of C$0.86.

Graphite One Company Profile

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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