Graphite One (CVE:GPH) Given a C$2.50 Price Target at Fundamental Research

Graphite One (CVE:GPH) has been given a C$2.50 price objective by research analysts at Fundamental Research in a research note issued on Friday,BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Fundamental Research’s target price indicates a potential upside of 155.10% from the stock’s current price.

Graphite One Stock Performance

Shares of GPH traded down C$0.01 during trading hours on Friday, hitting C$0.98. The company had a trading volume of 33,420 shares, compared to its average volume of 291,439. The business has a fifty day moving average of C$1.12 and a 200-day moving average of C$1.44. The company has a quick ratio of 0.33, a current ratio of 30.04 and a debt-to-equity ratio of 0.13. The firm has a market cap of C$204.79 million, a price-to-earnings ratio of -14.00 and a beta of 1.24. Graphite One has a 12 month low of C$0.65 and a 12 month high of C$2.57.

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.