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Graphite One (CVE:GPH) Share Price Passes Above 200 Day Moving Average - Here's Why

Graphite One logo with Basic Materials background

Graphite One Inc. (CVE:GPH - Get Free Report) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.84 and traded as high as C$0.95. Graphite One shares last traded at C$0.95, with a volume of 23,010 shares changing hands.

Graphite One Trading Up 5.6 %

The firm's 50 day simple moving average is C$0.94 and its two-hundred day simple moving average is C$0.84. The stock has a market capitalization of C$96.19 million, a P/E ratio of -13.66 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.

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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