Graphite One (CVE:GPH) Trading Up 17.4% - What's Next?

Key Points

• Graphite One Inc. (CVE:GPH) shares surged by 17.4% during trading, reaching a high of C$1.40 before closing at C$1.35.
• The company's market cap stands at C$212.59 million, with a PE ratio of -22.00 and a low debt-to-equity ratio of 0.02.
• Graphite One holds interest in the Graphite Creek property located on the Seward Peninsula in Alaska.

Shares of Graphite One Inc. (CVE:GPH - ) traded up 17.4% during trading on Tuesday . The stock traded as high as C$1.40 and last traded at C$1.35. 933,063 shares changed hands during trading, an increase of 563% from the average session volume of 140,660 shares. The stock had previously closed at C$1.15.

Graphite One Price Performance

The company has a market cap of C$212.59 million, a PE ratio of -22.00 and a beta of 1.40. 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's 50-day moving average is C$0.86 and its 200 day moving average is C$0.84.

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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