Graphite One (CVE:GPH) Hits New 12-Month High – Here’s What Happened

Shares of Graphite One Inc. (CVE:GPH) reached a new 52-week high during mid-day trading on Friday . The stock traded as high as C$1.04 and last traded at C$1.01, with a volume of 129804 shares. The stock had previously closed at C$0.95.

Graphite One Trading Up 6.3 %

The company has a current ratio of 1.63, a quick ratio of 0.33 and a debt-to-equity ratio of 0.05. The company has a market capitalization of C$139.97 million, a price-to-earnings ratio of -14.43 and a beta of 1.02. The company has a fifty day moving average of C$0.75 and a 200-day moving average of C$0.78.

Graphite One (CVE:GPH) last posted its quarterly earnings data on Friday, November 8th. The company reported C($0.01) earnings per share (EPS) for the quarter. As a group, equities research analysts anticipate that Graphite One Inc. will post -0.0196522 earnings per share for the current fiscal year.

About Graphite One

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.