Graphite One (OTC:GPHOF) Shares Down 2.1% – Time to Sell?

Graphite One Inc. (OTC:GPHOFGet Free Report) shares dropped 2.1% during mid-day trading on Thursday . The company traded as low as $0.44 and last traded at $0.47. Approximately 145,076 shares traded hands during mid-day trading, an increase of 208% from the average daily volume of 47,118 shares. The stock had previously closed at $0.48.

Graphite One Price Performance

The company’s 50 day moving average is $0.57 and its 200 day moving average is $0.56.

Graphite One Company Profile

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Graphite One Inc operates as mineral exploration company in the United States. It holds interest in the Graphite Creek property that consists of 176 mining claims covering an area of 9,600 hectares 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.

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