Focus Graphite Inc. (OTCMKTS:FCSMF – Get Free Report) shares crossed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $0.29 and traded as low as $0.2739. Focus Graphite shares last traded at $0.2739, with a volume of 1,602 shares traded.
Focus Graphite Stock Down 6.4%
The company has a fifty day moving average of $0.30 and a 200-day moving average of $0.29.
Focus Graphite Company Profile
Focus Graphite Inc is a Canadian mineral development company focused on the exploration and advancement of graphite properties in Quebec. Its primary asset is the Lac Knife property, an advanced-stage graphite project in the Côte-Nord region that has a history of graphite production.
The company’s activities include mineral exploration, resource evaluation, project development and the potential production of high-purity graphite concentrates. Focus Graphite has also pursued opportunities to process graphite for use in value-added applications, including battery anode materials and other technologies requiring purified graphite.
Focus Graphite’s project portfolio has included the Lac Tétépisca property in Quebec, in addition to Lac Knife.
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