Shares of Focus Graphite Inc. (CVE:FMS – Get Free Report) shot up 13.8% during trading on Monday . The stock traded as high as C$0.76 and last traded at C$0.66. 620,027 shares traded hands during trading, an increase of 332% from the average session volume of 143,436 shares. The stock had previously closed at C$0.58.
Focus Graphite Stock Performance
The stock has a market capitalization of C$62.81 million, a price-to-earnings ratio of -22.00 and a beta of 4.09. The firm’s fifty day simple moving average is C$0.40 and its 200 day simple moving average is C$0.23.
Focus Graphite Company Profile
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.
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