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Graphite One (CVE:GPH) Stock Passes Below 200-Day Moving Average - What's Next?

Graphite One logo with Basic Materials background

Graphite One Inc. (CVE:GPH - Get Free Report)'s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.77 and traded as low as C$0.71. Graphite One shares last traded at C$0.71, with a volume of 10,205 shares changing hands.

Graphite One Price Performance

The stock has a market cap of C$98.39 million, a price-to-earnings ratio of -10.14 and a beta of 1.02. 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 company's fifty day moving average is C$0.74 and its two-hundred day moving average is C$0.77.

Graphite One Company Profile

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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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