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Graphite One (CVE:GPH) Shares Cross Below 200-Day Moving Average - Time to Sell?

Graphite One logo with Basic Materials background

Shares of Graphite One Inc. (CVE:GPH - Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.78 and traded as low as C$0.74. Graphite One shares last traded at C$0.74, with a volume of 36,000 shares traded.

Graphite One Price Performance

The company has a market cap of C$102.55 million, a price-to-earnings ratio of -10.57 and a beta of 1.02. The company has a 50-day simple moving average of C$0.80 and a 200-day simple moving average of C$0.78. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.33 and a current ratio of 1.63.

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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