Graphite One (CVE:GPH) Shares Pass Below 200 Day Moving Average – What’s Next?

Shares of Graphite One Inc. (CVE:GPH) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$1.50 and traded as low as C$1.11. Graphite One shares last traded at C$1.13, with a volume of 256,851 shares traded.

Graphite One Stock Down 0.4%

The company has a debt-to-equity ratio of 0.22, a current ratio of 2.42 and a quick ratio of 0.33. The company has a market cap of C$248.18 million, a PE ratio of -20.42 and a beta of 1.27. The business’s 50 day moving average is C$1.52 and its 200-day moving average is C$1.50.

Graphite One Company Profile

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. Graphite One Inc was incorporated in 2006 and is headquartered in Vancouver, Canada.