Focus Graphite (CVE:FMS) Stock Price Crosses Above Two Hundred Day Moving Average – What’s Next?
by Renee Jackson · The Cerbat GemFocus Graphite Inc. (CVE:FMS – Get Free Report)’s share price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.36 and traded as high as C$0.47. Focus Graphite shares last traded at C$0.47, with a volume of 233,102 shares traded.
Focus Graphite Trading Up 12.0%
The business has a 50 day moving average of C$0.41 and a 200-day moving average of C$0.37. The stock has a market cap of C$48.56 million, a PE ratio of -15.50 and a beta of 0.24.
About Focus Graphite
Focus Graphite Inc, an exploration stage company, acquires, explores, and develops mineral properties in Quebec, Canada. The company explores for graphite, iron, copper, rare-earth elements, and gold deposits. Its flagship project is the Lac Knife property in which it holds 100% interests that consists of 62 claims covering an area of 3,248.18 hectares located in the Côte Nord region of Québec. The company was formerly known as Focus Metals Inc and changed its name to Focus Graphite Inc in May 2012.