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

Graphite One Inc. (CVE:GPH – Get Free Report) shares hit a new 52-week low during mid-day trading on Friday. The stock traded as low as C$0.57 and last traded at C$0.64, with a volume of 146,184 shares traded. The stock had previously closed at C$0.67.

Graphite One Price Performance

The stock has a market capitalization of C$129.56 million, a P/E ratio of -8.86 and a beta of 1.38. The company has a 50 day moving average of C$0.83 and a 200-day moving average of C$1.09. The company has a quick ratio of 0.33, a current ratio of 11.22 and a debt-to-equity ratio of 0.40.

About Graphite One

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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.

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