Graphite One (CVE:GPH) Stock Crosses Above Two Hundred Day Moving Average – Here’s Why

by · The Cerbat Gem

Graphite One Inc. (CVE:GPH – Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.83 and traded as high as C$0.91. Graphite One shares last traded at C$0.91, with a volume of 81,825 shares.

Graphite One Price Performance

The company has a market cap of C$91.13 million, a price-to-earnings ratio of -12.94 and a beta of 1.02. The company has a fifty day simple moving average of C$0.94 and a two-hundred day simple moving average of C$0.83. The company has a quick ratio of 0.33, a current ratio of 1.09 and a debt-to-equity ratio of 0.02.

About Graphite One

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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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