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Graphite One (CVE:GPH) Share Price Passes Above 200-Day Moving Average - What's Next?

Graphite One logo with Basic Materials background

Graphite One Inc. (CVE:GPH - Get Free Report)'s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$0.78 and traded as high as C$0.90. Graphite One shares last traded at C$0.88, with a volume of 69,157 shares trading hands.

Graphite One Trading Up 6.0 %

The business's 50-day moving average is C$0.78 and its two-hundred day moving average is C$0.78. The company has a current ratio of 1.63, a quick ratio of 0.33 and a debt-to-equity ratio of 0.05. The stock has a market capitalization of C$121.95 million, a PE ratio of -12.57 and a beta of 1.02.

Graphite One (CVE:GPH - Get Free Report) last posted its earnings results on Thursday, August 8th. The company reported C($0.02) earnings per share (EPS) for the quarter. On average, analysts predict that Graphite One Inc. will post -0.0196522 earnings per share for the current year.

About Graphite One

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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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