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Graphite One (CVE:GPH) Stock Passes Below 200-Day Moving Average - Here's Why

Graphite One logo with Basic Materials background

Graphite One Inc. (CVE:GPH - Get Free Report)'s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.77 and traded as low as C$0.67. Graphite One shares last traded at C$0.67, with a volume of 58,242 shares.

Graphite One Stock Performance

The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.33 and a current ratio of 1.63. The company has a market cap of C$95.62 million, a P/E ratio of -9.86 and a beta of 1.02. The stock's fifty day moving average price is C$0.75 and its two-hundred day moving average price is C$0.77.

About Graphite One

(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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